$RUNE/USDT 1D (Binance Futures)Symmetrical triangle break retest
THOR Chain is pulling back to the demand zone where it's expected to bounce, time to build a strong swing!
Current Price= 9.986
Buy Entry = 10.017 - 8.911
Take Profit= 14.032 | 21.320 | 36.292
Stop Loss= 7.175
Risk/Reward= 1:2 | 1:5.18 | 1:11.72
Expected Profit= +48.27% | +125.27% | +283.47%
Possible Loss= -24.19%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
Website: thorchain.org
Contracts:
#Mainnet
#BEP2 RUNE-B1A
Current Price= 9.986
Buy Entry = 10.017 - 8.911
Take Profit= 14.032 | 21.320 | 36.292
Stop Loss= 7.175
Risk/Reward= 1:2 | 1:5.18 | 1:11.72
Expected Profit= +48.27% | +125.27% | +283.47%
Possible Loss= -24.19%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
Website: thorchain.org
Contracts:
#Mainnet
#BEP2 RUNE-B1A
Trade active
First entry filledThorChain is following the plan so far, 200MA support held like a champ.
Trade closed: stop reached
SL hit with -24.19% (1x) and -1RAfter almost reaching 1st target, ThorChain lost 200MA support and dived sharply after making a Lower Low.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.