Link (ChainLink) at major resistance on the weekly candles

ChainLink (LINK/USDT) is at major resistance on the weekly candles.

As a swing/hybrid trader I trade 90% of the time on the longer time frames (4h, 1d and weekly candles)
So, no stress, relax trading.

When we look at the resistance levels for Link we can see that Link is at a major resistance.
Only based on those support and resistance levels we can see, if Link breaks this resistance level the next resistance will be at 16.7 and 19.5

My targets for the long run:
- 16.7
- 19.5
- New ATH (All time high)

StopLoss,
I have for the moment a very close Stop Loss at 12.
There is a good change that we will go back to the 9 ich support level before we break through the 13 ish level.
This will all depend on BTC. If BTC goes up or consolidates we can see a break through. If BTC drops, Link will also drop to the support level or even lower depending of the drop.

Never loose a winning trade. Profit is profit.
You can always buy it back when it falls back on the support level or when it breaks the resistance.

!!! Stick to your trading plan and put your emotion into your refrigerator when you start trading ;-)

Sheers,