RUNE | 2B Reversal | 4h

RUNEUSDT

• an uptrend in 1d timeframe retraced to 0.618
  
• completion of 5 waves in 4h timeframe
  
• (1B) formed, confirmed by the break of downward trendline
  
• support at 7.5 tested 3 times but broken with huge volume
  
• the support instantly recovered with even higher volume, forming the (2B)
  
• resistance at 8.2 was broken too at the same time
  
• ThorChain's speculative multiplier was as low as 3.66