LINKUSDT.P trade ideas
🔗📈 LINK Spot Trade Setup! 📈🔗📊 Analysis:
Support Area: LINK is currently at a support level, potentially indicating a rebound.
Oversold Conditions: Medium timeframes show oversold signals, suggesting a potential reversal.
Upside Potential: Targets set at resistance levels.
📈 Trade Plan:
Entry: Consider laddering into a long spot trade in the $17.30 - $18.00 support area.
Take Profit: Target profits at $20.00 - $21.00 or higher towards $22.00 - $23.00.
Stop Loss: Set stop loss just below $17.00 to manage risk.
💡 Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. 🚀📈 #LINK #SpotTrade 🛒💰
LINKUSDT.PHello Trader BINANCE:LINKUSDT.P
the link market is experiencing a consolidation area, but looking at the small time frame 30 minute to 2 hour area there is a critical area that could be a potential area to take short positions.
-the upper green dot is a small supply area
-the lower green dot is daily support
take profit 15%
stop loss 3.5%
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Disclamer: Not Financial Advice
Long trade Pair: LINKUSDT
28th March 24
15min TF
18.30pm
Entry 9.963
Profit level 9.963
Stop level 19.024
Comments:
Currently, 35% of active LINK addresses are in a profitable position, with an additional 60% sitting at the break-even point. This effectively means that approximately 95% of LINK holders are not facing any losses from their current holdings, creating a robust foundation for market confidence.