RUNEUSD is trading inside a Channel Up, which after the Golden Cross on the (1d) time frame, is supported firmly by the MA50 (1d).
It has already crossed above Falling Resistance (1) of the Bear Cycle and only one remais (Falling Resistance 2) but of course will take time.
The final barrier before that test is Resistance (1) at 3.1500.
Trading Plan:
1. Buy on the current market price and as long as the MA50 (1d) supports.
Targets:
1. 3.1500 (Resistance 1).
Tips:
1. The RSI (1d) has diverged from the typical drop straight to 30.00 after being overbought above 70.00. This consolidation is a formation seen during impressive past rallies for RUNE.
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It has already crossed above Falling Resistance (1) of the Bear Cycle and only one remais (Falling Resistance 2) but of course will take time.
The final barrier before that test is Resistance (1) at 3.1500.
Trading Plan:
1. Buy on the current market price and as long as the MA50 (1d) supports.
Targets:
1. 3.1500 (Resistance 1).
Tips:
1. The RSI (1d) has diverged from the typical drop straight to 30.00 after being overbought above 70.00. This consolidation is a formation seen during impressive past rallies for RUNE.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰