RUNE had a catastrophic failure and in charts of days weve seen hammer on JUL 2021 and now its again. By taking low of RUNE as SL of hammer which is 3.244 with initial tgts of 4.1644 4.6444 and finally can reach 5.1118. Make sure they tend to fall much more so SL's is must!
So buying can be of CMP else if it breaks then 2.764 is near, (pfft, if it breaks hammerrrr)
- Rune has corrected down from its ATH of ~$21.5 to the bottom of the channel at $3
- It then broke out of the downtrend on Oct22-23 (first green arrow)
- It has formed a double bottom as on 19th Nov
- Showing strength for a long term hold
Can expect a 5X based on Fib 4.23 towards Dec-Jan