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Asset-Ethology
Aug 2, 2020 2:19 PM

LINK / BTC - Swing Trade / long-term investment Long

ChainLink / BitcoinBinance

Description

Oscillators indicate buying signals for LINK on the LINK/BTC chart at the 1D TF.
LINK has completed an ABC correction which has found support on the 50 SMA and now there is enough bullish momentum for a 13-23% pump (entry between 0.000691-0.0006674) before a further correction to the downside (which is indicated on higher TFs).

Swing Trade LINK-BTC (R:R=1.5-1.6):
entry#1: 0.000691-0.0006674;
TP1@0.000784;
TP2@0.000799;
TP3@0.000848, with 3% TTP
NO stop loss recommended for this crypto for fundamental reasons
(in case price falls considerable lower, add more LINK to your portfolio -> accumulate it and hodl/stake it for long-term)


I´m not a financial adviser. For educational purpose only!
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