BINANCE:RUNEUSDT Short idea
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2h time frame
According to our previous analysis about RUNE, this Cup and Handle is doing well so far.
Here is the best timing to set protective stop to avoid unrealized profit gone.
Adjust SL from 1.414 to 1.95
Previous post as below.
2h time frame
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RUNE is creating a potential cup and handle srtucture, also in the phase of continuation structure, which pumping wave is 0.905 ~ 2.028. Critical resistance is obvious at 1.973, if RUNE can break above it then we can have higher target based on the cup and handle structure.
TP: 2.493~2.665
SL: 1.414
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price broke through the support level. (blue level).
On the retest, I will look for a opens short.
The main thing that the market would not turn around.
Graphically, everything is shouting for a short.
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Here's the bullshit news for the real cryptans.
❗️Important information for EXPERIENC cryptans.
Many of you probably know that Trust Wallet (TWT) has...
RUNEUSDT MARKET UPDATE
Support levels ; 1.415 & 1.389 means buyers available here in this position
Resistance levels: 1.437 & 1.481 means here seller interested and waiting for this position
Market depends upon Bitcoin so trade carefully according to our update and do risk management.
🟢 RUNEUSDT
TF: 1D
Side: Long
SL: $1.4358
TP 1: $1.8715
TP 2: $2.1156
TP 3: $2.3129
Bullish divergence on 1D.
We should see RUNE fly from the week commencing 10/10/2022.
we will keep waiting till the market reached our intercepted zone (orange and red) RR:3:1 after finishing the orange bears sequence which will give us good potential for the market to go up
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Everything on the chart.
Entry: market and lower
Target: 8.5 - 12 - 19
after first target reached move ur stop to breakeven
Stop: ~3.9 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck...
