#RUNEUSDT 4H Chart
Price is overall still in an ascending channel. MACD is starting to show some bearish momentum, RSI is sold and EMAs are neutral. I expect price to retest the support line around $1.75 before potentially continuing to move up. This support line has been tested many times however which makes it weak so longs would still be risky. Waiting for confirmation.
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.