balibou

LINKUSDT - Bollinger bands compression - being long ?

Long
balibou Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Bollinger bands are horizontal: volatility is stable but we can expect a move up.
LINK seems late in comparison with the other cryptos, and still didn't extract from its BB range in weekly.
RSI is going in neutral zone, but I would expect it to go upon 55.
Volume is decreasing, so I'm expecting a big candle soon.

I would open a long:

Entry price: $2.5088
Stop loss: $2.4534
Final take profit: $4.4951
Trade active:
Buy price filled $2.5088
First take profit TP1: $2.5757
Trade closed: stop reached:
Stop loss reached: $2.4534

Performance: -2.14%
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