LINK/USDT 6h (Binance Futures) Big triangle breakout & pullback
Chainlink broke out the triangle two weeks ago and finally pulled back, seems to be an opportunity to swing here!
Right now sitting on 200MA, I guess up-trend could resume here and now.
Current Price= 12.332
Buy Entry= 12.342 - 11.782
Take Profit= 13.512 | 15.087 | 18.208
Stop Loss= 10.612
Risk/Reward= 1:1 | 1:2.09 | 1:4.24
Expected Profit= +12.02% | +25.08% | +50.95%
Possible Loss= -12.02%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Right now sitting on 200MA, I guess up-trend could resume here and now.
Current Price= 12.332
Buy Entry= 12.342 - 11.782
Take Profit= 13.512 | 15.087 | 18.208
Stop Loss= 10.612
Risk/Reward= 1:1 | 1:2.09 | 1:4.24
Expected Profit= +12.02% | +25.08% | +50.95%
Possible Loss= -12.02%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade active:
All entries filled
We could have caught Chainlink a bit lower but at least it bounced.
Now comes the waiting part...
We could have caught Chainlink a bit lower but at least it bounced.
Now comes the waiting part...
Trade closed: target reached:
TP1 was reached with +12.02% (1x)
Chainlink pumped very nicely, second target was almost hit but I believe it will go up there anyway.
My advice, hold tight but also Take some partial Profit and move Stop Loss to Break Even zone!
Chainlink pumped very nicely, second target was almost hit but I believe it will go up there anyway.
My advice, hold tight but also Take some partial Profit and move Stop Loss to Break Even zone!
