RUNE / TetherUSShort
✴️ ThorChain | Better Safe Than Sorry
Updated
One last hurray?
One last jump?
The final jump?
Or simply a bull-trap?
Notice how here Thorchain (RUNEUSDT) still trades within a lower high... This is true for Solana, XRP, ADA and many other major Altcoins.
➖ This pair is getting closer to a correction.
WARNING: Bullish only above the last high ($7.30).
👉 Any trading below this level and high potential for a correction is active (going down).
Better safe than sorry.
We like those that are trading low/near support. Once they are high up, it becomes too risky.
Buy low, sell high.
Namaste.
One last jump?
The final jump?
Or simply a bull-trap?
Notice how here Thorchain (RUNEUSDT) still trades within a lower high... This is true for Solana, XRP, ADA and many other major Altcoins.
➖ This pair is getting closer to a correction.
WARNING: Bullish only above the last high ($7.30).
👉 Any trading below this level and high potential for a correction is active (going down).
Better safe than sorry.
We like those that are trading low/near support. Once they are high up, it becomes too risky.
Buy low, sell high.
Namaste.
Note
What we are seeing now is the loss of support; bearish confirmation...What will happen next is speed, the drop will speed up.
Just match the action from October through December but in reverse.
It will be a strong drop and it will be nasty because people became complacent thanks to the hype surrounding the Bitcoin Spot ETF.
You and me, we can see this clearly now... But the rest is "waiting for confirmation", they don't know, they will only know when prices trade before their entry point.
All this information is shared for learning purposes... With your financial-well-being in mind...
Thanks a lot for your continued support.
Namaste.
Note
We have a 30% correction so far, which is huge.RUNEUSDT is dropping below Fib support and EMA100.
RSI becoming weaker yet this is only the beginning, much more red expected in the coming days and weeks and then a long drawn out recovery, it will take months.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.