Technical analysis by Babsphoenix about Symbol RUNE: Buy recommendation (4/16/2023)

RUNE has just broken out of a cluster of resistance; almost a year old diagonal resistance, 1D MA 100 and 1D MA 200 while maintaining the higher lows trend line. A retest of all these flipped resistance is still possible and might lead to a fake breach of the higher lows trend line into the demand zone beneath. We can look for a buy setup upon the takeout