LINK will soon give us a nice SHORT opportunity!
Hi!
Hit That Like Button, good things are coming! :D
HOW I SEE SITUATION:
Link has been performing really nice in the past weeks. But after this gains, it is better to look for SHORT opportunities. I think we already finished with the the third wave and usually this is the spot when shorting could be better option for traders.
LEVEL: 23.7 $ seems to be great short level with followed correction to
RED LEVELS: are the ones I carefully watch, there is a chance after the correction happens, that w bouncing up from this levels, but imo there will be bigger correction that could give us a nice retest of levels around 9$
Will keep this one updated as we go. Even now it could be great time to start adding to short position and perform DCA if we move higher.
Interestedly enough i spotted the fib trend line that usually show best spots for bouncing areas, ether to go up or down.. watch for the trend lines on my chart, it will play important role for change of direction!
How to DCA? : Every + 1.5% when goes higher just add to your short positions the same amount of volume that you started with and close it in a profit when bigger correction happens. This way you will not loose your money but make profit 90% of time!
I will keep this Idea updated as we go.
Like, follow and learn with me!
(Quick Pro Tip)
Staking SRM on FTX is also dope AF , check it out! My SRM target is 3$ this month, don't miss this one!
Hit That Like Button, good things are coming! :D
HOW I SEE SITUATION:
Link has been performing really nice in the past weeks. But after this gains, it is better to look for SHORT opportunities. I think we already finished with the the third wave and usually this is the spot when shorting could be better option for traders.
LEVEL: 23.7 $ seems to be great short level with followed correction to
RED LEVELS: are the ones I carefully watch, there is a chance after the correction happens, that w bouncing up from this levels, but imo there will be bigger correction that could give us a nice retest of levels around 9$
Will keep this one updated as we go. Even now it could be great time to start adding to short position and perform DCA if we move higher.
Interestedly enough i spotted the fib trend line that usually show best spots for bouncing areas, ether to go up or down.. watch for the trend lines on my chart, it will play important role for change of direction!
How to DCA? : Every + 1.5% when goes higher just add to your short positions the same amount of volume that you started with and close it in a profit when bigger correction happens. This way you will not loose your money but make profit 90% of time!
I will keep this Idea updated as we go.
Like, follow and learn with me!
(Quick Pro Tip)
Staking SRM on FTX is also dope AF , check it out! My SRM target is 3$ this month, don't miss this one!
Trade active:
Looks like we are working on some sideways action atm. Selected red area could still be in play! So watch out for quick retest of that higher levels.
Atm adding to my short position and slowly adding if we move higher seems best option for me.
Stay Green & Stay Safe
Atm adding to my short position and slowly adding if we move higher seems best option for me.
Stay Green & Stay Safe
Trade active:
What a nice short :)
If your happy with the profits, just close 50% of it and dont forget to set your stop loos to protect the rest of out gains if we start to bounce up again.
If your happy with the profits, just close 50% of it and dont forget to set your stop loos to protect the rest of out gains if we start to bounce up again.
Trade closed: target reached:
Hi, I just closed all my long positions, and start going in with small longs. I will perform dca and add to position if we move more in to the downside...
current price is: 13.983$
good luck ;)
current price is: 13.983$
good luck ;)
Comment:
sorry.. i meant just closed all my SHORT positions and opening LONG, lol xD