This idea will only be valid if RUNE/BTC also respect the middle of the channel and the fib resistence area (0.618-0.66).
Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take major profits but no more than 70% and keep the 30% in for moves above previous ATH.
Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take major profits but no more than 70% and keep the 30% in for moves above previous ATH.
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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.