Rune very close to resistance zone. there are some reasons for short position;
1)funding rate turned negative
2)daily rsi pumped so hard, must fall
3)%73 slong/short ratio in binance
4)aggregated cvd spot increasing rate is slowing in 1 hour chart.
5)very far away from 25, 50 and 100 EMA.
using low leverage i believe that we can get good profit
entry : 1.69
stop: 1.85
tp: 1.46 - 1.30 - 1.18
1)funding rate turned negative
2)daily rsi pumped so hard, must fall
3)%73 slong/short ratio in binance
4)aggregated cvd spot increasing rate is slowing in 1 hour chart.
5)very far away from 25, 50 and 100 EMA.
using low leverage i believe that we can get good profit
entry : 1.69
stop: 1.85
tp: 1.46 - 1.30 - 1.18
Comment:
unfortunately with a biiiiiig long green candle setup failed.
Trade closed: stop reached