2021-02-24 14:47:14
#RUNE #RUNEUSDT
(This is a short position)
(Short position means we are gaining when the price falls)
We have an MSB on LTF, after creating a lower high and a lower low, therefore the price should be going for a retracement or even worse, right now we will go for a retracement to the nearest support.
We got a bearish divergence formed upon the 4H RSI, the bullish momentum we had tonight seems to have faded.
A bounce into our entries should be delivered as we are entering the support, we are aiming for the 4H Ribbon.
Entries: $5.14/$5.22/$5.29
Stop Loss: $5.6
Take Profit: $4.42/$4.36/$4.3
https://www.tradingview.com/x/3nXnoo5Q/
1.9K views11:47