Runeusdt Short Idea
Updated
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
Note
unfortunately with a biiiiiig long green candle setup failed.Trade closed: stop reached
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.