Flawless Execution on Our RUNE Trade - 16% Profit in 48 Hours

avatar

image.png

Just about a day and a half ago, I published an analysis on the RUNE cryptocurrency. My buy target was between the $0.79 - $0.82 range:

With this trade on RUNE, I identified an easy entry point: $0.80 - $0.82.

On the bottom of today's candle, I purchased some RUNE for $.797 USD. Not a bad purchase under the context of the support I found here at the .80 cent level.

With the recent pump in crypto, RUNE did exactly what I anticipated: it pumped more than average relative to other coins.

RUNE is a highly volatile project and the best part is that they have a legit product being built behind the scenes.

Today, I set a sell order at $0.92. Once this gets filled, it will be a 16.4% profit. If it gets filled today, that would be a 48 hour turnaround.

Not bad at all.

Keep in mind that I am trading in USDT. This means that profits are in USD. Not in SATs (which is how I sometimes trade on other cryptos).

RUNE is volatile against the dollar and I like trading it against USDT. I think there are a lot of trade setups like the one you've seen in my last post and now today's exit post. If RUNE pumps a little more, I'll get filled.

Once RUNE returns to the $0.82 level, I'll consider a second entry.

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

Congratulations @asteroids! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 7000 upvotes. Your next target is to reach 8000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

The Hive Gamification Proposal #2
0
0
0.000