a1mtarabichi

C&H coupled with strong volume great SHORT TP CHAINLINK

Short
a1mtarabichi Updated   
BIST:LINK   LINK BILGISAYAR
As usual; set your stop losses first:

  • $10.46 STOP

These are short exit TP1-3 target positions from conservative to moderate to aggressive stances...it is more than likely TP1 will hit within 24h whilst TP3 can occur anytime between now and 72-90H; contingent on many indicators/variables, most prominently BTCUSD priceaction as it struggles at the 21 MACD to hold key support & is currently rustling in a tug-of-war to break resistance & fire off to the $9200 range, otherwise downtrend continuation to $6-8K may be looming.

Will update later with pairings including LINKBTC & LINKETH as those are viable as well...

  • TP1 $11.65
  • TP2$12.31
  • TP3 (AGGRESSIVE) $12.70

Disclaimer
Due to market volatility -- take any and all TA with a grain of salt; including/esp. my own. Please trade responsibly, and not a penny (or satoshi) more than you can afford to lose!


TradingView/Twitter/LInkdeln
  • [*]-@a1mtarabichi
Comment:
Wow i feel pretty dumb...wrong charting; this is for LINK not chainlink; my bad!

Technical analysis still applies to those interested; though this is not the cyptocurrency $LINK I meant to publish -- which I should've noticed by the price yet I am a bit out of it today...

Nonetheless: my publication for chainlink was a little while back and the triple W led to a breakout as I indicated in my charting:
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.