RUNE/USDT probably +12%?
I saw a lot of buying pressure in the past few days, and the trend still appears to be bullish.
Order Book also shows that there are a lot of long orders where the green box is, and very less sell orders. I don’t think that we will go past the TP3, but like I said there aren’t many sell orders, so the trend might continue.
RSI is also looking great, and I expect RUNE to go up even more in the upcoming days.
If you decide to open a position I don’t recommend doing it on Futures because the market has been very volatile.
Order Book also shows that there are a lot of long orders where the green box is, and very less sell orders. I don’t think that we will go past the TP3, but like I said there aren’t many sell orders, so the trend might continue.
RSI is also looking great, and I expect RUNE to go up even more in the upcoming days.
If you decide to open a position I don’t recommend doing it on Futures because the market has been very volatile.
Trade active
TP1 was hit but since the price didn’t touch the entry-point it was risky to enter. Although the market went down, RUNE still looks bullish to me. RSI also looks great, so I hope there is no need for closing or shorting now.
The entry-point was hit, $1.55, so I automatically entered. The price also made a reversal from that point, and that is another sign of strong buying pressure.
Note
There is a significant amount of volume at $1.58-1.59, so we might see some volatility at that level. This doesn’t necessarily mean we will go down, we can also go up really fast.Trade closed: target reached
We did hit the stop-loss a few days back, but today we hit the high! Stay tuned for more trades!
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.
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.