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#LINK/USDT 1h (OKX Futures) Ascending wedge on resistance
LINKUSDT Perpetual Swap Contract
Short
#LINK/USDT 1h (OKX Futures) Ascending wedge on resistance
By TradingOn
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Updated
Feb 20
1
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Feb 12
ChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.
⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%
Current Price:
20.219
Entry Targets:
1) 20.449
Take-Profit Targets:
1) 19.002
Stop Targets:
1) 21.174
Published By: @Zblaba
LINK
LINKUSDT.P
#ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days
Feb 12
Trade active
OKX Futures
LINKUSDT.P
All entry targets achieved
Average Entry Price: 20.449 💵
LINK
is pulling back to entry, let's see if gets rejected as expected.
Feb 13
Note
⚡️⚡️
LINKUSDT.P
⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%
Entry Targets:
1) 20.449 ✅
Take-Profit Targets:
1) 19.002
Stop Targets:
1) 20.449
Published By: @Zblaba
LINK
is going down as planned so far after retesting the wedge resistance, already halfway to TP, time to secure SL at BE.
Feb 15
Trade closed manually
OKX Futures
LINKUSDT.P
Stop Target Hit ⛔️
Profit: 0.0%
LINK
bounced back and kicked us out at Entry, you may stick with original SL if you are still in.
Feb 16
Note
LINKUSDT.P
2h
LINK
is going back down and approaching the TP, congrats if you held short!
Feb 20
Note
LINKUSDT.P
2h
LINK
finally dumped enough to hit TP, what a ride!
chainlink
DEFI
fibretracement
LINK
LINKUSDT
Moving Averages
oracle
RWA
smartcontract
Support and Resistance
web3
Wedge
TradingOn
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