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RUNE | Catching Retracements for Quick Scalps.

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@deniskj
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If you haven't grabbed a piece of the RUNE pie, what are you doing?

Source:

It wasn't long ago when RUNE was trading under a dollar when I became aware of it thanks to the LeoFinance Discord community.

Particularly, Khal, who I hear has acquired dollar millionaire status (so jealous), Trumpman, and Belemo who have been shilling the token at that particular time and got me interested in grabbing a share.

DeFi projects when done right always generate massive interest. See AAVE and LINK which have so far skyrocketed in value since they became mainstream.

RUNE is currently trading slightly under $4 with potentially massive upside. I am looking at this token having more value than LINK. That means potentially seeing RUNE hit $20 in the short term.

For hodlers, that could be the golden goose you are looking for that doubles or triples your portfolio.

However, as a scalper who is dealing with a couple of thousand dollars, I can't quite afford to hodl. So I choose to scalp.

Buying RUNE from support area on H1 Chart.


RUNE retraced from the all-time high of around $4.2 and price held the support area around $3.7. Price has retested this support a few times. Bulls are still buying up RUNE at these prices and holding.

Buying around all-time highs is generally very risky when scalping but this is one token I wouldn't mind holding longer if I get locked in this trade.

Scalping a shitcoin at an all-time high on the other hand is a different story.

I am targeting $4 as my take profit.

As always, I appreciate divergent views and potentially suggestions of other tokens that are 'scalp-worthy' to add to my portfolio.

Posted Using LeoFinance Beta