Think we will see some distribution around this level for now. I see two scenarios:
1. Double botttom/lower high, take out top of the range and attack 6$
2. Failed double bottom setup, drop to ~2$
Of course, depending on Bitcoins next moves.
Be patient and stay safe.
RUNEUSD
1. Double botttom/lower high, take out top of the range and attack 6$
2. Failed double bottom setup, drop to ~2$
Of course, depending on Bitcoins next moves.
Be patient and stay safe.
RUNEUSDNote
Looking good so far. Needs to tap ~4.3 now and maybe retrace for a higher low or double bottom. Think if Bitcoin can touch 33k this week, we might see the higher low version. Meaning eager bulls can't wait to get in.
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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.