Tropnik

RUNE. Governance token for the descending channel.

BINANCE:RUNEUSDT   RUNE / TetherUS
The price did not touch the upper border of the channel for almost 500 days. Assets with a capitalization like RUNE classically behave characteristically to patterns. We are testing the middle of the channel for the fourth time and imo it will be broken, besides, at the moment there is a positive info background on Twitter around RUNE and its bridge/swap. RSI also allows the upward movement to continue.

So, it is logical to expect 113% gain if your glass is half full... Or after testing the middle of the channel, the fall will continue if your glass is half empty.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.