LINK/USD Back In Ascending Channel - Really Safe 20% Opportunity
In this technical analysis I share a long trade opportunity for LINK with a really impressive 20% opportunity.
If you recall from my previous idea, I decided to stop the continuation of this channel after the price broke through the top resistance line.
It's been really interesting to see that if we would have kept that line on the chart, it would be able to help us predict the reversal of the sudden downtrend again!
The price is now at a crucial point, it is struggling at the horizontal resistance. If it does manage to break through I suggest a first scalp trade to the resistance line of the ascending channel.
I suggest a long trade, starting at the confirmation of support. It might not look very impressive on the chart, but this is actually an astonishing 20% opportunity with a fantastic risk-reward.
-Trading-Guru
If you recall from my previous idea, I decided to stop the continuation of this channel after the price broke through the top resistance line.
It's been really interesting to see that if we would have kept that line on the chart, it would be able to help us predict the reversal of the sudden downtrend again!
The price is now at a crucial point, it is struggling at the horizontal resistance. If it does manage to break through I suggest a first scalp trade to the resistance line of the ascending channel.
I suggest a long trade, starting at the confirmation of support. It might not look very impressive on the chart, but this is actually an astonishing 20% opportunity with a fantastic risk-reward.
-Trading-Guru
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(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)