ChainLink / Bitcoin
Long
Updated

Link on the Brink?

417
Taking a trade here on Link. So on the 1hr we have a triangular structure with higher lows and lower highs. On the 4hr, we make a lower high a few days ago on the 6th of June. If we have set the low while in this structure, very possible for a bull break with a conservative 1:1 extension of the previous wave. Also a potential bull macd cross and an already upticking histogram. Let's see what happens.

#LINK/BTC
Exchanges: Binance
Signal Type: Regular
Entry Zone: 1400-1430

Take-Profit Targets: 1575-1725-1870-2120-2400

Stop Targets: 1200
snapshot
Trade closed: target reached
I took 30% profit so far, and moved my stop to break even.

This trade is now risk free. Let's let it ride!
Trade closed: target reached
Boom All targets! Trade Closed! :-)
Note
snapshot

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.