clappy22

Chainlink $LINK test highs?

Long
clappy22 Updated   
COINBASE:LINKUSD   Chainlink
More and more bullish news and adoption of Chainlink. Chart looks primed for an expansion to range highs and 2020 high.

Crypto has been lagging tech stocks. As long as those hold up, and DXY doesn't gigapump, could see some rubberband for crypto (btc to 35k) (alts to 2020 highs)

Comment:
I entered a link position at 6.05 2 days ago. Will probably cut if it round trips back down
Comment:
Targets $9.50 and $19
Comment:
still holding spot position

closed leverage position at 6.25

waiting to see if btc feels like sweeping 25k again. If it does I will leverage long LINK token again, and long some WBTC (Wrapped Bitcoin) token as well

If it doesn't sweep 25k and instead shows strength at 26.2-26.3k area I will re-enter my leverage longs again

If btc continues down and breaks the 24.9k low I will exit all positions and assume market is going deeper
Comment:
looks kind of distributory here at 6.80-7 tbh

maybe dump back to 6.50
Comment:
sold spot position at 8.20

expecting market wide dump

looking to buy back lower
Comment:
buying back here not bad. bitcoin has to defend 27k
Comment:
I sold my spot position. Feels like link is waiting for some news that may or may not drop. And Bitcoin is looking neccy. Will reevaluate if Bitcoin shows strength above 28k.
Comment:
If my Bitcoin short plays out I see Link dipping below $6 again. Sorry linkies. Maybe the 5th test of yearly high will breakthrough.
Comment:
Bitcoin is showing a lot of strength. Buy Link at 7.35
Comment:
Ok lets flip 9.50 into support and 19 is next.
Comment:
closed longs. holding spot position

hoping for a dip to 9-10 to long again. Probably wont get it, but with LINK anything is possible
Comment:
testing another link long here opened at 11.15
Comment:
closed link long 12.50

still holding spot
Comment:
sold spot position at 13.08

will buy back in if btc shows strength here, or dips to 32-33k and shows strength there
Comment:
ok bitcoin is showing strength bought back in at 13.50
Comment:
sold at 14.50 a week ago, it's 14.23 now

market as a whole feels toplike and choppy

link needs some news or btc to show strength
Comment:
btc bounced off 40k

long OI was swept

long at 14.20. tight invalidation. Still bearish on btc unless it breaks the high with momentum. It feels topped

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.