Link Bounce
Updated
Hi All,
I havent posted in a while but im back now. But I have less time to dedicate to trading so im gonna start looking for longer term trades(2-5 days).
I think Link could see a healthy bounce here after being oversold and touching the lower fib line on the 4 hr chart.
I havent fully entered this position yet but I will increase my position if we oversell further on the 4 hr chart or if we see a bullish cross over on the 4hr MAC D.
Im also going to be watching bitcoin carefully here and my exit the trade just because im worried about bitcoins price.
I havent posted in a while but im back now. But I have less time to dedicate to trading so im gonna start looking for longer term trades(2-5 days).
I think Link could see a healthy bounce here after being oversold and touching the lower fib line on the 4 hr chart.
I havent fully entered this position yet but I will increase my position if we oversell further on the 4 hr chart or if we see a bullish cross over on the 4hr MAC D.
Im also going to be watching bitcoin carefully here and my exit the trade just because im worried about bitcoins price.
Note
Unfortunatky I did not increase my position before the nice move we saw but luckily i think there could be more to comeI sold at ~ 4250 and plan to re-enter with a larger position around 4100 if the rsi cools off a bit
Note
watching the charts and order books. Its moving down pretty quickly so it looks like we will be able to get an entry lower then 4100Note
well i fuckin missed this one bc i was in class and at the gym. Unlucky
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