RUNE / TetherUSLong
Why i am buying RUNE/USDT
since 2021 rune has been my best trading pair because it always come with an uncomplicated pattern and i believe this time won't be exemptional.
currently we can see RUNE is retuning to retest the ascending channel support after it brokeout from the previous temporal descending channel which i view as the first impulse wave.
i am expecting the price to start reversing from +$7 after which the next target could be 18 - 21
however i am concerned about that which seem to be double top as you can see the two arrows of the pick on the chart pointing down, which i know the bears will be looking as they make trading decision more so bitcoin is not yet suitable and as we all know the price action of bitcoin has impact on alts although i am expecting bitcoin to loss its dominance to give alts breathing space to rise, if this happens then we could see another all time high on RUNE.
CHEERS
TRADE SAFE
I would be looking forward to hear your view on the comment section.
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currently we can see RUNE is retuning to retest the ascending channel support after it brokeout from the previous temporal descending channel which i view as the first impulse wave.
i am expecting the price to start reversing from +$7 after which the next target could be 18 - 21
however i am concerned about that which seem to be double top as you can see the two arrows of the pick on the chart pointing down, which i know the bears will be looking as they make trading decision more so bitcoin is not yet suitable and as we all know the price action of bitcoin has impact on alts although i am expecting bitcoin to loss its dominance to give alts breathing space to rise, if this happens then we could see another all time high on RUNE.
CHEERS
TRADE SAFE
I would be looking forward to hear your view on the comment section.
*
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