RUNE/USDT
Potential bullish signal
- If holding: Continue to hold.
+ Take profit 1: 2.05 USDT.
+ Take profit 2: 2.18 USDT.
- If not holding:
+ Entry price: 1.90 - 1.92 USDT.
+ Take profit 1: 2.05 USDT.
+ Take profit 2: 2.18 USDT.
+ Stop loss: 1.85 USDT.
Quick analysis on H4 timeframe:
- RUNE is accumulating after adjustment, holding above EMA 150.
- Volume decreases during adjustment, indicating weak selling pressure.
- MACD is about to give a buy signal (MACD Line and Signal Line are very close to each other).
- RSI in neutral zone (39-49), allowing for price increase without being overbought immediately.
No FOMO, always set stop loss!!!