RUNE has been chopping for almost two weeks now. It's almost time for an ATH.
Since the crypto market is in shambles, RUNE may test a lower low (10.5 - 9.7). It may also just go direct to the higher levels.
Expect chop and set levels accordingly. This is not financial advice.
Resolution time: 7 days or less
Target: 14+
When twitter starts posting VIX charts, you know its time to buckle up for them to scream "GolDen AgE oF AsSeT BubBlEs" when the market, against all the social media narratives, rips shorts to shreds.
"ArCHEgOs iS goNnA buRsT tHiS BuBBle" -> /es runs to 4k+ instantly
No, this is not the 2001 Tech Bubble.
4104 is top line resistance. If hit, we'll have a small...
This is a pattern that eventually leads to price stabilization.
Bullish target: 10.9 → small pullback to ~10.00 → 13
Bearish Case: Hard floor: 8.8 → If broken, 7.5
Time frame for pattern: 10 days or less
Resistance held twice and gold has resumed its uptrend. It is in a clear bull flag since August of 2020. The next move will likely be faster than people expect.
I lean bullish.
Target: 1850
Timeframe: Mid April - Mid May
This is not financial advice.
Ever since the 80%+ run up, RUNE has been in a consolidating wedge. I expect resolution time to before April 8th, risk/reward points to bullish.
Target: 10.5 -> 11.8 --> 12.5
Resistance: 9.2 - 8.8 - if broken, wedge is invalidated.
Event risk is always one of the most profitable but also riskiest market opportunities. In this case, due to the extensive testing...
