RUNE / Tether PERPETUAL FUTURES
Short
Updated

$RUNE Short Idea

276
Plan is simple.

Break the trend line = short to the box.

Dotted green line is TP1.

Let's see.

Note
Waiting for BTC pa to develop more before getting in.

Looks a bit bouncy on LTF.
Note
In at 1.58's

Invalidation = clean break above 1.633

Go down to the H2 & see the underside retest of the trendline -- looks very bearish imo.

Let's see.
Note
Still in.

Crazy how price likes to follow the magic squiggle.

Hard invalidation at 1.68 -- would like to add on clean break below 1.6's -- as seen in original plan.

Let's see.
Note
TP1 hit.

Stops flat.
Note
Box soon imo
Note
Stopped out in-profit.

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