LINK looks ready for higher prices again.

Namaste everyone.

I 'll keep this short.

LINKEUR seems to have broken above resistance on both, candles and RSI (marked with the green circles).
A retest is expected and it is also a buying opportunity if the test holds.

Possible Buy target in green dashed line.
Possible Sell targets are the red dashed lines.

This is just my thoughts and NOT a trading advice.
Do your own due diligence and if you find you agree with my idea then it is up to YOU how you choose to invest your capital.

MAKE SURE YOU HAVE A STOP LOSS.

Have a great one :)

Trade active:

Sell Target #1 reached!

Comment:

The resistance turned support zone (indicated in purple) seems like a good re-entry point to me.

Also take note that the major downtrend line (the left side of the pyramid) has not been tested yet.

So I would personally trail it as there's no way of knowing first if there is going to be a drop (if BTC pumps there will not be a drop - for now) and secondly how low it will go before it hits a dead end.

(NOT a trading advice, just my thoughts)

What do you think?

Comment:

Buy back price has also been met. Actually the discount was bigger than that :-)

If the selling pressure on Bitcoin stops then we will meet the other sell targets otherwise we will be in BEAR MODE so shorting and buying back at a discount seems like a good idea to me ;-)

This is NOT a trading advice.
Just my thoughts.

Trade active:

Just a small update.

First sell target met.

Buy back target met.

Sell targets are again a possibility.

Just my thoughts.

Trade closed: target reached:

Closing this as successful at the first sell target.

The selling pressure in the general crypto scene is slowing things down at the moment.