LINK bears are in control, get ready for at least a $3 miniNUKE
Disclaimer: This is not financial advice
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
I haven't posted about LINK in a while since I got out of my long as I have been waiting to see how price action develops. The price is now stuck in a triangle, an imminent break out is confirmed by the RSI and the descending volume. Based on EW this triangle should break downwards. Therefore I'm looking for shorts here as well.
Entry: 15-15.5 SL: 15.77 TP1: 12 TP2: 10
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
I haven't posted about LINK in a while since I got out of my long as I have been waiting to see how price action develops. The price is now stuck in a triangle, an imminent break out is confirmed by the RSI and the descending volume. Based on EW this triangle should break downwards. Therefore I'm looking for shorts here as well.
Entry: 15-15.5 SL: 15.77 TP1: 12 TP2: 10
Trade closed: stop reached:
Stopped out, trade closed