LINK / USDT (Binance Futures) swing trade for 140-200%

LINK / USDT is forming a nice potential set up here. There is decent profit potential whether it goes up or down.

Once I enter I will be putting a stop loss at around -2%. Spot move for this should be 10% to the upside. 7% to the down side (with potential 2 potential targets lower). I will be using 20X leverage on this, so I will be quick to take profits. At take profit #1 I will dump 75% of this trade. Anything beyond that is bonus.

On a break up:
Enter long at $3.51
Take Profit at $3.88


On a break down:
Enter short at $3.09
Take profit #1 at $2.87
Take profit #2 at $2.56
Take Profit #3 at $2.43

Comment:

Well, looks like it's a go on LINK / USDT. I just hit my entry target.

With Bitcoin closing above a whole bunch of EMA's on the 4hr chart, it looks like the bulls are trying to close the week above the 100 SMA. Let's see where we are in 8-12 hrs from now.

Comment:

Here is Bitcoin on the 4 hr chart looking short term bullish. www.coinigy.com/s/i/5e9344a26b41b/

Comment:

Got stopped out on the last go around. I'm in it again profitable with a stop loss set to break even. Let's see how this plays out. I may decide to just take my profits and run.

Comment:

I exited at $3.78.

I imagine this trade will eventually complete it's way up to my target at $3.88, but I took my profits and walked away for now.

Final tally was + 153% on this trade.

Comment:

To follow my trade ideas in real time message me for a link to my telegram group. I have a free group that I update regularly with some of my trade ideas.

I will be setting up the premium paid version very soon where I post all of my trades in real time along with my weekly traders reports.

Comment:

Topped out $.03 over my target. Nailed it!

Personally I never re-entered after my exit at $3.78. Analysis was on point though.

I will post more set-ups soon.