For those wondering about LINK, i am bullish at the moment. I wasn't too worried about missing the last move since I moved my link profits over to DASH and we doubled up. If you have any capital, we could move higher from here. My guesstimate is we would hit $10. Lot of strength on the higher time frames and it appears the smaller one's are all lining up.
Cheers,
-Sherem
Cheers,
-Sherem
Comment:
This is the level to watch folks we either form a flag and move up or we could be due in for some downside.
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Another angle -
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We need to watch LINK really closely here. $4 should hold but I really don't like this pattern that has formed.
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Gotta go to bed sometime, throwing a stop under this trendline here and we'll see what happens tomorrow.
Trade closed manually:
We can close out our link position here to reduce overall market exposure with some of the other trades and that this trendline has been breached to the downside. It is worth noting that LINK has NOT breached this $4 level yet. This level could very well hold, the trickiest time of trading is right now kinda in this no mans land place. So either close out now or place a stop below $4 depending on your risk level.
Comment:
Glad we closed out prior to this move. We are going to at least $3 it seems
