Here is a continuation of my idea posted at the end of August. Opened a long position earlier when the price wicked down to $1.45 on Coinbase Pro. More buy orders between $1.35 and $1.45. Bullish divergence is printing on the link-btc daily chart. Stop loss at $1.30.
Take Profit 1: $1.90
Take Profit 2: $2.40
Time scale can again be disregarded. Short term setup
Take Profit 1: $1.90
Take Profit 2: $2.40
Time scale can again be disregarded. Short term setup
Comment:
Failure to break $1.72 would be the bearish scenario
Trade active
Comment:
I have raised my Stop Loss on the initial small long $1.45 position (luck order fill) to $1.55
Comment:
Stopped out of the initial position at 1.55 for a little gain and will hope to get some orders filled at or below 1.45 again.
Comment:
First target reached
Comment:
2nd Target Reached. More upside potential after pullback from resistance. It looks to be testing the 2.50s soon.