RUNE BULL PENNANT OR DEAD CAT BOUNCE

RUNE / TetherUS BINANCE:RUNEUSDT

BearManalow

Is rune leading the pack for altcoins? Depending on BTC dominance chart next move pictured below, we have two scenarios.

Bullish Scenario: Bull Pennant , break above the 50% retracement , candle close above for support and con’t.

Bearish Scenario: Dead Cat Bounce, candle close below the 50% retracement and retest the 88.6 % retracement level on the macro timeframe.

BTC DOM CHART

THIS CHART GOES DOWN, RUNE GOES UP.

DYOR
NOT FINANCIAL ADVICE
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