#RUNE/USDT 1D (ByBit) Descending trendline fakeout

THOR Chain is about to print an evening star deviation and RSI looks overbought, seems likely to retrace down to 200MA support.

⚡️⚡️ #RUNE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 5.0%

Current Price:
1.649

Entry Targets:
1) 1.727

Take-Profit Targets:
1) 1.292

Stop Targets:
1) 1.945

Published By: @TradingOn

RUNE #RUNEUSDT #ThorChain #DeFi

Risk/Reward= 1:2
Expected Profit= +80.6%
Possible Loss= -40.4%
Estimated Gaintime= 4-6 weeks

thorchain.org/

Trade active:

ByBit USDT
#RUNE/USDT All entry targets achieved
Average Entry Price: 1.727 💵

RUNE pulled back to entry and got rejected printing a hanging man, good start so far.

Comment:

⚡️⚡️ #RUNE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 5.0%

Entry Targets:
1) 1.727 ✅

Take-Profit Targets:
1) 1.292

Stop Targets:
1) 1.727

Published By: @Zblaba

RUNE is heading down nicely, already halfway to target, time to protect it adjusting SL to BE.

Trade closed manually:

ByBit USDT
#RUNE/USDT Stoploss ⛔️
Profit: -0.0% 📈

RUNEUSDT.P bounced back before reaching TP then printed a golden cross and kicked us out at entry.