jaenc123

Link Bounce

Long
jaenc123 Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Hi All,

I havent posted in a while but im back now. But I have less time to dedicate to trading so im gonna start looking for longer term trades(2-5 days).

I think Link could see a healthy bounce here after being oversold and touching the lower fib line on the 4 hr chart.
I havent fully entered this position yet but I will increase my position if we oversell further on the 4 hr chart or if we see a bullish cross over on the 4hr MAC D.

Im also going to be watching bitcoin carefully here and my exit the trade just because im worried about bitcoins price.
Comment:
Unfortunatky I did not increase my position before the nice move we saw but luckily i think there could be more to come
I sold at ~ 4250 and plan to re-enter with a larger position around 4100 if the rsi cools off a bit
Comment:
watching the charts and order books. Its moving down pretty quickly so it looks like we will be able to get an entry lower then 4100
Comment:
well i fuckin missed this one bc i was in class and at the gym. Unlucky

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