๐ Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.
๐ It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
๐ This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
๐ However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
๐ The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
๐ Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
MyCryptoParadise
iFeel the success๐ด
๐ It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
๐ This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
๐ However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
๐ The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
๐ Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
MyCryptoParadise
iFeel the success๐ด
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE๐ t.me/+QwK2mkoTGBU0Nzc0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE๐ t.me/+QwK2mkoTGBU0Nzc0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV
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.