decnding channel break out?I abosulutly love RUNE and THOR. If you followed ny huge RUNE trade this is gana be very simalar.
ok postion is 30k long @ 20cents. was able to start this postion a while back. but u can likely get another entry close to 20 cents.
ok some info about the decending channel :)...
A breakout to the upside means there is a possible shift from a bearish sentiment to bullish. This strategy will have you buying the break above the channel. It’s recommended that buying into this break should occur after multiple tests of the upper channel line. Reason being breakouts early on in the channel often lead to traps as shorts push the price of the stock back down to the lower end of the channel.
doesnt matter to much, can wait for a retest or go ahead and enter now. with halving comming up crypto is soon to be (if not already) bully asf..
anyways gl guys.
