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Technical analysis by TheArtOfCharting about Symbol RUNE: Sell recommendation (5/24/2022)

https://sahmeto.com/message/2747580
TheArtOfCharting
TheArtOfCharting
Rank: 30265
0.9
Sell،Technical،TheArtOfCharting

══════════════════════════════Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝══════════════════════════════ Hello Traders ✌Since some weeks we have been spotting very similar scenarios on cryptos.Here we have another pretty big Descending Triangle that took place along the 200 days EMA, at the all-time high, after an almost two years of perfect bullish trend and that is now attempting a breakout.If prices go towards the target, keep in mind that we will have to deal with the 1.20 previous level. Pattern Class: 🌕🌕🌕🌕🌕Target area: 0.54Breakout area below: 2.20Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.🔎🔎🔎 ALWAYS REMEMBER"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"═════════════════════════════⚠ DISCLAIMER ⚠The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.═════════════════════════════

Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$1.39
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