RUNE to $14, falling wedge

22 thg 10

On the above chart price action has corrected over 70%. A long trade now presents itself, but that’s all. This is not a long term forecast by any means.

1) Price action breakout. (RSI remains in resistance).

2) Price action confirms support on past resistance.

3) The falling wedge top and lower touch points allow a near term forecast for price action, $14 area or 170% from current levels.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

24 thg 10

Giao dịch đang hoạt động

GRM support confirmed.

4 thg 11

Đóng lệnh: dừng lỗ

Broken market structure. Very quick break.
First support test $2