🔥 🚀
🔍 Pair: LINK/USD (CRYPTOCAP)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry Zone: Above $11.60 - $11.77B (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $11.77B (First Resistance Target)
🟢 Take Profit 2 (TP2): $12.2B (Extended Bullish Target)
🚀 Stop-Loss (SL): Below $11.17B (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀
🔹 Technical Analysis & Setup:
✅ Pattern: Symmetrical Triangle Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $11.60 with volume increase
✅ Support & Resistance Levels:
$11.52B (Breakout Zone)
$11.77B (First Major Resistance)
$12.2B (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $11.60 could trigger an upside rally 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $11.60 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($11.77B), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $11.77B and let the rest ride toward $12.2B+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $11.60, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Breakout Potential – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $11.77B could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $11.17B, TP at $11.77B - $12.2B for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #CryptoTrading #LINK #Chainlink #TradingSetup #TechnicalAnalysis #DayTrading #BreakoutSetup #MarketTrends #RiskReward #ProfittoPath 🚀📈
🔍 Pair: LINK/USD (CRYPTOCAP)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry Zone: Above $11.60 - $11.77B (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $11.77B (First Resistance Target)
🟢 Take Profit 2 (TP2): $12.2B (Extended Bullish Target)
🚀 Stop-Loss (SL): Below $11.17B (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀
🔹 Technical Analysis & Setup:
✅ Pattern: Symmetrical Triangle Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $11.60 with volume increase
✅ Support & Resistance Levels:
$11.52B (Breakout Zone)
$11.77B (First Major Resistance)
$12.2B (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $11.60 could trigger an upside rally 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $11.60 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($11.77B), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $11.77B and let the rest ride toward $12.2B+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $11.60, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Breakout Potential – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $11.77B could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $11.17B, TP at $11.77B - $12.2B for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #CryptoTrading #LINK #Chainlink #TradingSetup #TechnicalAnalysis #DayTrading #BreakoutSetup #MarketTrends #RiskReward #ProfittoPath 🚀📈
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.
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.