LINKBTC Short Idea (April 25th, 2020)
Updated
> TD on the 2D is flashing a sell signal
> Price has risen drastically since April 6th without a meaningful correction and declining volume
> Overall market structure is still bullish, and a correction to TP3 would still maintain this bullishness
> Accum/Distribution ratio appears to be declining
> Previous backtesting of buy/sell signals with TD9 buy/sell signals have worked well for swings
Not financial advice. Just learning how to chart.
> Price has risen drastically since April 6th without a meaningful correction and declining volume
> Overall market structure is still bullish, and a correction to TP3 would still maintain this bullishness
> Accum/Distribution ratio appears to be declining
> Previous backtesting of buy/sell signals with TD9 buy/sell signals have worked well for swings
Not financial advice. Just learning how to chart.
Note
Nothing to add so far. The idea is going well. TP1 will be touched soon. This is a long-term idea so I do not wish to play with it too much. Just let it unfold naturally.Trade closed: target reached
TP1 reached. Can hold on to some or keep holding for further upside.Trade closed: target reached
TP2 reached here. Trade closed: target reached
This turned out really well. Note
Possible flip long ideas. Will make another post with this. 
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