Long

RUNE — Breaking This Pattern Can Send It HIGH!

RUNE has been trading in a falling wedge pattern since April. The wedge is a chart pattern formed by converging downward-sloping trendlines.

What's so interesting about a falling wedge? It is considered a strong bullish sign 💪

This might sound strange if you look at the chart and see a constant downtrend.

However, breaking out of this pattern to the top usually ignites a massive pump.

This is especially true if a pattern has formed over a longer timeframe. Just like in RUNE's case!

Watching the trendlines is essential in this case. Although the pattern narrows, RUNE can still bounce back and force a couple of times.

ben_walther

I'm Ben. Crypto lover, trader, and coder.

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