dokdorosman

Possible +%25-30 Profit with Quick LINK/BTC Trade!

Short
dokdorosman Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
First of all, I just saw the down trend of LINK and thought that I can evaluate this coin for quick trade.

So, when we look at the previous support levels; down trend probably will stop around 6000-5800 levels. After that, correction will come and LINK will begin to test Resistance levels. Those levels will be the possible sell opportunities.

Buy Range: 6100-5800 sats.

  • 1st Sell Target: 6800 sats
  • 2nd Sell Target: 7500-7800 sats
  • 3rd Sell Target is up to you. This idea is for very quick trade.

Stop Loss: 5600 sats (don't forget!)

Will be updated!
Trade active:
Price dropped below 6100, my order was waiting at 6099 price point, I may buy more if it goes down. As my opinion, price may down a little bit more, like 5800 levels.

Plan is working. Don't forget Stop Loss!
Trade active:
LINK bounced very quick. 1st Target has been reached. Anyone who bought it under 6100 can sell or wait for more.

I'm waiting!
Trade active:
LINK completely in buy zone. I didn't add because I already bought from here. My sell target is same. 7500
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.