$RUNE/USDT 12h (#BinanceFutures) Falling wedge break and retest

THOR Chain is pulling back to demand zone after regaining 50MA, let's catch next dip for a bounce towards 200MA.

Current Price= 4.952
Buy Entry = 4.710 - 4.270
Take Profit= 5.865 | 6.967 | 7.932
Stop Loss= 3.571

Risk/Reward= 1:1.5 | 1:2.7 | 1:3.75
Expected Profit= +30.62% | +55.17% | +76.66%
Possible Loss= -20.47%

Fib. Retracement= 0.618 | 0.786 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 2 months

Tags: #RUNE #RUNEUSDT #THOR #Yield #LP #DEx #DeFi #BC #Cosmos

Website: thorchain.org

Contracts:
#Mainnet
#ERC20 0x3155ba85d5f96b2d030a4966af206230e46849cb
#BEP2 RUNE-B1A

Note

TP1 would have been reached with up to +22.97% (1x)

ThorChain bounced on 100EMA straight away, but without filling our entry unluckily.
If you bought manually don't forget to partially TP, we may revisit demand zone later!

Note

TP2 would have been reached with up to +50.64% (1x)

#ThorChain dipped to 200MA but resumed bullish right after, if you were in don't forget to Take more Profit here.

Order cancelled

TP3 would have been reached with up to +77.42% (1x)

ThorChain went for all targets without us, too sad but time to cancel the trade, if you were in you better Take Profit.

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