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goodluckbruce
Nov 29, 2020 8:41 AM

LINK swing trade setup Long

Chainlink / United States DollarCoinbase

Description

Good evening traders!
I'm Bullish on COINBASE:LINKUSD for 2-3 day swing setup
Currently charting a potential 2-3 day swing while we are
trading near a accumulation zone you may want to investigate
if your looking to spread your portfolio into other assets.

The previous top occurred a couple months before the
current market run set in. Leading to expected bullish
trends after the latest correction and eventually I'd
expect a ATH retest and break above in December.
Especially after a COINBASE:ETHUSD run.

I Added to my previous long position after recent
drop to lower support. Bouncing off the support at
11.50. Accumulating in the <12.50 prize zone for a
2-3 day swing setup. Be sure to set appropriate SL!

First exit idea is to sell off partial positions as
price reaches upper support in channel. Roughly
looking towards the 16.50- 16.98 area for now.


Cheers & Good luck from Bruce!
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