marketshero

Runecoin short-Triangle breakout

Short
BINANCE:RUNEUSDT   RUNE / TetherUS
Runecoin along with whole cryptocurrency stepped into downtrend.There was a first wave happened already.Now runecoin is restesting from the support level(1.345),and can go to upper resistance level(1.365) as shown in the picture.If the price again falls down from the resistance,a short trade can be initiated there.Also you can check the volume or ADX or RSI at the time of entry for a double confirmation. keep an eye on the trade.Happy Trading.

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.