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MyCryptoParadise_Nathan
Aug 24, 2023 8:47 PM

RUNE/USDT: Trend Reversal Alert - Head and Shoulders Analysis! Short

RUNE / TetherUSBinance

Description

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💎 Attention Paradisers, let's look at RUNE/USDT on the hourly chart. We see a head and shoulders pattern forming, which could mean a change in trend. The left shoulder and head show higher highs, while the right shoulder represents lower high. This could signal a shift from bullish to bearish.

💎 If the price goes below the neckline and the demand level at 1.334, we might see a bearish trend. In that case, the price could drop to demand zones at 1.161, 1.042, and 0.953.

💎 Remember, stay alert and trade smart, ParadiseSquad!
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