$RUNE/USDT trading plan. Great coin to hodl, I explain why

6 May

Some History, so that we know what we are talking about:

Thorchain is a decentralized liquidity protocol that allows users to easily swap assets across different blockchains in a permissionless and trustless manner. It enables cross-chain decentralized finance (DeFi) transactions by providing liquidity pools for various cryptocurrencies, allowing users to exchange assets without relying on centralized intermediaries.

The project was created by a team of developers led by Chad Barraford, also known as "Chadwick Strange," who is the co-founder and CEO of Thorchain. The team behind Thorchain aims to address the issue of liquidity fragmentation in the DeFi space by enabling seamless interoperability between different blockchain networks. Thorchain's native token, RUNE, plays a crucial role in the protocol's operations, serving as a means of liquidity provision, governance, and security.

Circulating Supply: 335,641,741 RUNE
Total: 414,274,277 RUNE
Issue Date: 2019-06-20

• RRUNE is supported by a resilient team that has been continuously updating since 2019.
  
• RRUNE has 90% of its supply released to the public, reducing the risk of VC dumping and token releases. Most tokens are now used as treasury, which is favorable.
  
• RRUNE, along with its main project Thorswap, is constantly adding new bridges and experiencing steady growth.
  
• RRUNE preserves the anonymity of transactions, which aligns with the core principles of cryptocurrency.
  
• RRUNE competes with Uniswap, which faces regulatory issues with the SEC. Consequently, many users may seek alternative platforms like Thorswap for coin swapping, providing potential benefits to RUNE.
• I have been trading RRUNE since it was worth $1.5 and it is now around $5 during this bull run, presenting a good buying opportunity and recovering strongly from the last BTC dump.
  

The take-profit are indicated on the chart. It's important to note that this coin is highly volatile; it can experience sharp drops but also significant gains. Do Your Own Research (DYOR) and trade safely. Feel free to share your profits in the comments!

10 May

Not

TP 1 reached. RRUNE continue its uptrend. Trade active

10 May

Not

If we enter the golden pocket at 0.5 Fib, we will have safely exit the danger zone and find new support, ready for an uptrend to 0.618 Fib which is a critical level. We will get there, patience is key.

16 May

Not

TP1 reached!

18 May

Not

TP 2 reached!!! Congratulation to the ones who are following!
Now a validation with a daily above 0.382 fib will confirm the bullish move.

21 May

İşlem aktif

TP1 and TP2 reached

I hope that you enjoyed. Follow me for more.

26 May

İşlem aktif

Still need to reach this TP3 target!

29 May

İşlem aktif

BTC spoiled the pump, but we will get to TP3.

4 Haz

İşlem kapandı: hedefe ulaştı

I am closing this idea, we reached 2 targets, the 3rd one seems to take too much time, it needs a new idea based on the latest data. I hope that you enjoyed. please follow me for more!