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