THORChain Aiming Lower 6X SHORT—369% Potential

8 Nov

This is an updated version for our RUNEUSDT SHORT, the first one hit two targets with 4X and a total of 124% profits, the numbers are still good but you can follow this publication rather than the previous one.

Potential is much higher on this since we are using higher lev.
(This is not recommended for beginners; caution, high risk.)

➖ THORChain (RUNE) peaked in March 2024, it has been bearish since. We have the same chart patterns and price dynamics as the other Cryptocurrency kings and queens.

Is the correction over? We will soon know!

Those trading at bottom prices likely ended their correction already, those trading higher might have one final drop to go through before the correction is over; the last leg-down, the final market flush.

When the giants crash, money will flow from the big projects to the smaller ones.
The market is mixed, it is not easy to navigate.

Focus on one chart at the time and all is good.

See the full trade-numbers below:

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➢ SHORT RUNEUSDT

Leverage: 6X

Entry levels:

1) $6.25
2) $5.75
3) $5.35

Targets:

1) $4.955
2) $4.555
3) $4.130
4) $3.763
5) $3.211
6) $2.831
7) $2.155
8) $1.951

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 369%

Capital allocation: 3%
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Remember to do your own research and planning before trading, this is not financial advice.

I am sharing my views and opinions of the chart.

The markets are unpredictable, that's what some people say. This doesn't matter, we can still use our brains to trade... The market can be predicted, the proof is in the charts.

Thank you for reading.

Namaste.