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Trading signals for #RUNEUSDT → A retest of resistance could break the line

2023-09-16 09:10 CRYPTO forecast

💡 Ideas For RUNEUSDT 💰

📈 RUNEUSDT → A retest of resistance could break the line

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#RUNEUSDT gives us new prerequisites for further strengthening of the price. Another resistance retest is forming, which can break this zone on the background of local #BTCUSD growth

Several key elements are marked on the chart. The descending wedge, resistance retest, pre-breakout consolidation - all this can be regarded as a complex signal for a breakout of resistance. On the background of bitcoin's local strengthening, which occurs after breaking out of resistance, this could date a chance for RUNE and in such a case, the price when breaking through the indicated line could head towards 3.04 and give us almost 60% net move.

The moving averages formed a strong signal a few days ago, which could be confirmed soon when the price breaks the upper boundary of the range

Support levels: 1.722, 1.433

Resistance levels: upper boundary of the wedge, 1.942, 2.015.

I expect that on the background of the next retest of the trend resistance the price may break it and start an active phase of strengthening towards 3.040

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#RUNEUSDT 💰

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