vf_investment

RUNE/USDT double top playing out

Short
BINANCE:RUNEUSDT   RUNE / TetherUS
The RUNE/USDT has showed a double top pattern on the 4H chart and is likely to play out on the longer time frames.

This follows a likely price drop from 9.29 USDT to 7.38 USDT. A drop in 20%.

This also follows a rejection from the EMA lines and the RSI shows signs of being overbought.

Here has the analysis showed sign of playing out on the daily time frame.

No financial advice.


💥 Free signals and ideas ➡ t.me/vfinvestment
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.