Technical analysis by christoferjuliussayco about Symbol RUNE: Buy recommendation (10/23/2024)

Rejection at past range POC but we are currently range bound and above the local POC. Expecting to break through as RUNEBTC also shows a sign of confluence (simple resistance to support flip) By toggling the log chart, a basic 5 wave structure is easily seen. Wave 3 is currently impending Although this could turn into a standard correction, (ABC, etc.) we are still bound to reach the VAH of the past range. IT IS A HARD TAKE PROFIT 1! It is too good to be true but this asset's wave 1 is a 1000% the possibility is never 0 Hard stop loss will be the low of the local range! (4.4) Entry: 5.15 SL: 4.4 TP1: 6.7Sign of Weakness Detected. New setup ENTRY: 4.815 SL: 4.626