OisnGribben

LINK/BTC S.O.T May Chart-off week 5

OisnGribben Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Link is accumulating along an hourly uptrend to attack the 4 hour downtrend created. It also just broke a local hourly downtrend. I can see it breaking the downtrend and taking a nice jump up to the 15500 mark.

Buy - 13610
Target 1 - 14706
Target 2 - 15500
Target 3 -16522
Stop loss - 13235

**Legend**
Weekly - Yellow
Daily - Red
4 Hour - Green
Hour - Blue

Trade closed manually:
Sold on touch of the local downtrend.
Sell - 13759
Profit - 1%
Trade active:
Rebought the small retrace at 13660
Comment:
Broke out of the 4 hour downtrend
Trade closed manually:
Sold on a break out of the local hourly downtrend.
Sell -14360
Total Profit - 6.1%
Trade active:
Rebought at 2.5% lower
Buy - 13973
Stop loss - 13870 (0.7%)
Comment:
Looking to close out above the hourly downtrend to take the next leg up
Comment:
Closed out the hourly downtrend
Trade closed manually:
Sold on hourly break level @ 14289
Total Profit - 8.3%
Trade active:
It has now created a local uptrend will look to rebuy on it
Trade active:
Rebought on a drop
Buy - 13898
Stop loss - 13730
Trade closed: stop reached:
Stop reached for 1.2%
Total Profit - 7.1%
Trade active:
Flash drop caused a price drop in alts
Looks like it has stabled out now
Rebuy - 13550
Stoploss - 13235
Trade closed manually:
Link has created a local downtrend.
I expect it to retrace a bit from here
Sell - 14110
Total Profit - 11.2%
Trade active:
It broke out of the hourly downtrend when I was away fro my computer. FeelsBadMan.
It has now formed a local uptrend supported by the longer uptrend below.
Rebuy - 14674
Stop loss - 14350
Looking for it to close over the hold so it can move onto the next target.
Trade closed manually:
Sold on touch of the daily break level @ 14240
Total profit 15%
Comment:
See above comment sold at 15240 not 14240
Comment:
It has created a local uptrend.
Looks like it’s going to back attack the4 hour hold again
Comment:
Updated my uptrend and added in the new local downtrend that formed
Comment:
It broke out of local downtrend this morning.
Created a new local downtrend and looks like it is going to attack the global trend.
Trade active:
Rebuy 13407
Stop loss - 13235
Trade closed manually:
Sold just over the 4 hour hold @ 13904
Total profit - 18.7%
Comment:
Note that downtrend is a 15 min downtrend.
Just wanted to show it on the chart for reference as to why I rebought
Comment:
Reacted as expected to the 4 hour.
Started a new local uptrend and local downtrend
Comment:
Broke out of local downtrend
I can still see it dropping further tough.
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