RUNE / TetherUSLong
Rune- Thorchain
Hi guys
I was looking at the RUNE chart and I saw it's in correction cycle for few days. I recommend you to switch to weekly chart to see double bottom which is a bullish pattern and price probably falls a bit more down to retest the neckline which is known as " last kiss pullback "
1st TP is around $20 which is below 161.8 fibo line
2nd TP is around $30 which is around 261.8 fibo line
fundamental news: THORCHAIN mainnet is probably going live in December this year and also Thorchain/ Luna integration can be bullish news.
I wish you profitable days and please avoid emotional trades based on greed.
see ya!
I was looking at the RUNE chart and I saw it's in correction cycle for few days. I recommend you to switch to weekly chart to see double bottom which is a bullish pattern and price probably falls a bit more down to retest the neckline which is known as " last kiss pullback "
1st TP is around $20 which is below 161.8 fibo line
2nd TP is around $30 which is around 261.8 fibo line
fundamental news: THORCHAIN mainnet is probably going live in December this year and also Thorchain/ Luna integration can be bullish news.
I wish you profitable days and please avoid emotional trades based on greed.
see ya!
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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.
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.