LINKUSDT - New Trading Setup
! Not a financial advice - This is my trading diary ! It helps me think about my ideas.
Chainlink is bullish, everything is bullish... but if you are already overexposed (like me) you should start taking profits, moving Stop losses to Breakeven.. we never know when winds change.
Regarding Link: I am already in a position from 20 dollars and buying every dip on this coin.. but If I was looking for buying more Link, where would I enter?
Link is respecting technical levels very well:
Entry : 44-40 dollars
Backtest of old breakout levels / confluence with important fibs + pitchfork
Targets : 51-65.29 dollars
Fib extensions
Stoploss : If daily candle closes below 37 dollars
Reversal in market structure
#link #chainlink #linkusdt #tradingidea
Chainlink is bullish, everything is bullish... but if you are already overexposed (like me) you should start taking profits, moving Stop losses to Breakeven.. we never know when winds change.
Regarding Link: I am already in a position from 20 dollars and buying every dip on this coin.. but If I was looking for buying more Link, where would I enter?
Link is respecting technical levels very well:
Entry : 44-40 dollars
Backtest of old breakout levels / confluence with important fibs + pitchfork
Targets : 51-65.29 dollars
Fib extensions
Stoploss : If daily candle closes below 37 dollars
Reversal in market structure
#link #chainlink #linkusdt #tradingidea
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