Recently, the price of RUNEUSDT has experienced a breakout from its ascending channel , which is a technical analysis pattern that signals a bullish trend . This breakout occurred after the price was rejected at daily resistance, indicating that buyers were able to overcome selling pressure and push the price higher.
However, a new ascending minor channel is now forming, suggesting that the upward momentum may be losing steam. If the price of RUNEUSDT were to lose support, it would indicate a potential shift in market sentiment from bullish to bearish . In this scenario, traders may consider applying Plancton's Rules, a trading strategy that involves taking a short position when a market experiences a significant price drop.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
However, a new ascending minor channel is now forming, suggesting that the upward momentum may be losing steam. If the price of RUNEUSDT were to lose support, it would indicate a potential shift in market sentiment from bullish to bearish . In this scenario, traders may consider applying Plancton's Rules, a trading strategy that involves taking a short position when a market experiences a significant price drop.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Nota
7% Nota
14% 
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.