We have a classic pattern here for RUNEUSDT (THORChain).
The Adam & Eve pattern is a bottom formation and here we can appreciate a break and close above EMA50 as well.
This can both confirms the bottom and pattern as having a bullish breakout.
(Supported by high volume not shown on this chart)
The MACD has gone bullish and the RSI is super strong above 60, daily timeframe.
RUNEUSDT can easily move to 1.90 short-term, medium-term it can go above 5 or even 6 with much more potential available in the long-term.
Namaste.
The Adam & Eve pattern is a bottom formation and here we can appreciate a break and close above EMA50 as well.
This can both confirms the bottom and pattern as having a bullish breakout.
(Supported by high volume not shown on this chart)
The MACD has gone bullish and the RSI is super strong above 60, daily timeframe.
RUNEUSDT can easily move to 1.90 short-term, medium-term it can go above 5 or even 6 with much more potential available in the long-term.
Namaste.
Note
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