Link has been one of the most altcoins this year.
We have come down all the way from the 400% increase from May to July. Now Link is on the way up again.
From the swing low 0.00014 LINK has already increased 80%, Now we can play this out in two options.
#1. We buy into price action right now with a tight stop and hope for the trend to continue.
#2. We wait untill we get a 30-40% retracement and enter for the next wave up.
As we broke above the previous local top resistance of 0.00024, My option will be number 1. But if I get stopped out, I will change the plan to option number two.
Target: 0.00031 (30%)
Stop: 0.00023 (5%)
Stoploss is a manual stop with a daily close
Enjoy and untill the next one .
Thumbs up if this was helpful.