LINK - My Trading Plan in a picture!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

on WEEKLY: left
LINK is overall bullish trading above the blue trendline and is now approaching the 20.0 support in green, so we will be looking for trend-following buy setups.

on H1: right
LINK is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the green support before going up.

Good luck!

All Strategies Are Good; If Managed Properly!

This analysis is done using RichTL indicator



Best Forex Broker

Best Crypto Exchange

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.