RUNE / TetherUSLong
ThorChain / Rune to $40 by Q1 2022
Everything about this chart looks pretty good. a series of higher low accumulation points since the bounced lows in July.
First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond.
Looking pretty strong fundamentally at the moment, and hasn't been on a run for a while - anticipating this to start making a move at some point soon.
Target is pretty aggressive, but in crypto I don't think it's unreasonable.
First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond.
Looking pretty strong fundamentally at the moment, and hasn't been on a run for a while - anticipating this to start making a move at some point soon.
Target is pretty aggressive, but in crypto I don't think it's unreasonable.
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.