$LINK/USDT 1D(Binance Futures) Ascending triangle break & retest
ChainLink recently broke bullish on High Time Frame (HTF) and made a new All Time High (ATH).
I expect it to continue upwards after a last pull-back, let's be patient and wait for it!
Current Price= 22.627
Buy Entry= 21.310 - 19.490
Take Profit= 26.025 | 35.820 | 51.050
Stop Loss= 15.882
Risk/Reward= 1:1.25 | 1:3.41 | 1:6.78
Expected Profit= +27.57% | +75.59% | +150.25%
Possible Loss= -22.15%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1680h
I expect it to continue upwards after a last pull-back, let's be patient and wait for it!
Current Price= 22.627
Buy Entry= 21.310 - 19.490
Take Profit= 26.025 | 35.820 | 51.050
Stop Loss= 15.882
Risk/Reward= 1:1.25 | 1:3.41 | 1:6.78
Expected Profit= +27.57% | +75.59% | +150.25%
Possible Loss= -22.15%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1680h
Trade active:
First entry filled
ChainLink dipped as expected, I told you to wait for it, patience always pays!
Don't expect it to go up right away, we can still go for lower entry before that happens.
ChainLink dipped as expected, I told you to wait for it, patience always pays!
Don't expect it to go up right away, we can still go for lower entry before that happens.
Trade closed: target reached:
TP1 reached with +27.57% (1x) and 1.25R
ChainLink kept making new All Time Highs as planned, and does not seem to be stopping.
2nd target was missed by 0.02$, that was so near, but I expect it to be reached later anyway!
ChainLink kept making new All Time Highs as planned, and does not seem to be stopping.
2nd target was missed by 0.02$, that was so near, but I expect it to be reached later anyway!
Trade closed: target reached:
TP2 reached with +75.59% (1x) and 3.41R
ChainLink went for second target before pulling back to the first one.
Last target is still in play but may take some time to fully recover, SL at entry in any case.
ChainLink went for second target before pulling back to the first one.
Last target is still in play but may take some time to fully recover, SL at entry in any case.
Trade closed: target reached:
TP3 reached with +150.25% (1x) and +6.78R
That's a wrap for ChainLink, last target finally reached in Futures.
The trade is closed but we are still holding in Spot as you may have seen on last update!
That's a wrap for ChainLink, last target finally reached in Futures.
The trade is closed but we are still holding in Spot as you may have seen on last update!
Seems like it was the perfect dip catch for ChainLink, bounced on average entry & 20EMA.