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djupgrade

A Perfect Wedge Forming! Have a Looksy and Trade Wisely

ChainLink / Bitcoin (BINANCE:LINKBTC)  
djupgrade Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Trend Analysis Chart Patterns Technical Indicators Cryptocurrency cryptocurrencies wedgebreakout Ascending Triangle Descending Triangle Descending Broadening Wedge Ascending Broadening Wedge
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trendanalysis chartpattern indicator cryptocurrency cryptocurrencies wedgebreakout ascendingtriangle descendingtriangle descendingbroadeningwedge ascendingbroadeningwedge
LINKBTC is in a great trading position with the right stop loss set. As I have said in previous ideas, the direction of a breakout in a crypto wedge is hard to call. As we all know, crypto doesn't really follow market rules. With that said, my technique has been to buy in at a low resistance bounce when the wedge is starting to close in and then set a tight stop loss, like shown in my chart. Either way I will get a 10% gain in either BTC or LINK. At the target zone LINK will have a resistance bounce for a great cashout! Happy Trading!
Comment:
Resistance retest has been validated! Hope payouts were great!
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