RUNEUSDT UPDATEWe where short on RUNE yesterday, after securing partials at TP1 price came back up to our entry and took the rest of the position out for a breakeven, due to the extremely volatile whips in either direction that we saw yesterday on BTC.
Now i still believe the potential roll over on RUNE is looking beautiful here, price is sat below the 0.618 fib in confluence with 4H supply, we can identify price is consolidating in the form of this pennant looking for a push to the upside to remove the liquidity of shorts and trap bulls and rejection confirmations off the 0.786 fib for potential re entry confrimations