Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Long-term, LINK has been overall bullish, trading within the rising wedge marked in blue.
🔻 Currently, it is in a correction phase, trading within the falling red channel.
📍 As it retests the lower bound of both the red and blue trendlines—perfectly intersecting with the green support—I will be looking for short-term longs.
🚀 For the bulls to take over long-term and initiate the next bullish phase, a breakout above the falling red channel is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📈 Long-term, LINK has been overall bullish, trading within the rising wedge marked in blue.
🔻 Currently, it is in a correction phase, trading within the falling red channel.
📍 As it retests the lower bound of both the red and blue trendlines—perfectly intersecting with the green support—I will be looking for short-term longs.
🚀 For the bulls to take over long-term and initiate the next bullish phase, a breakout above the falling red channel is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.