RUNE/USDT double top playing out

The RUNE/USDT has showed a double top pattern on the 4H chart and is likely to play out on the longer time frames.

This follows a likely price drop from 9.29 USDT to 7.38 USDT. A drop in 20%.

This also follows a rejection from the EMA lines and the RSI shows signs of being overbought.

Here has the analysis showed sign of playing out on the daily time frame.

No financial advice.