On my Monday night Live session with the team i hand picked a bunch of alt coins i was trading on Binance futures and Chainlink was one I was watching closely.
Took an extra in the alert zone but only got one position filled as i was expecting a touch on trend for a better confirmation.
I ended up closing my position early this morning with a close on previous structure however i still feel this will go higher.
With BTC moving right now and the LINK/BTC chart showing signs of hitting the long term growth trend im expecting a descent recovery in sat value as well so feel the LINK/USDT chart has a lot more upside to give just yet.
Mid term target right now would be the supply block around $12 for now before taking another breather, let see how it goes.
Took an extra in the alert zone but only got one position filled as i was expecting a touch on trend for a better confirmation.
I ended up closing my position early this morning with a close on previous structure however i still feel this will go higher.
With BTC moving right now and the LINK/BTC chart showing signs of hitting the long term growth trend im expecting a descent recovery in sat value as well so feel the LINK/USDT chart has a lot more upside to give just yet.
Mid term target right now would be the supply block around $12 for now before taking another breather, let see how it goes.
Trade closed: target reached:
Done and dusted, perfect entry from Monday nights Live call and perfect close only 4 days later.
Im out of Link now so looking for a new set up once bitty settles down
Im out of Link now so looking for a new set up once bitty settles down
Trade closed manually:
I closed this trade early but it has hit the final target and starting to consolidate.
It made it further past the zone than i was thinking so doubtful it will pull back to trend now and will most likely break out of this consolidation again soon
It made it further past the zone than i was thinking so doubtful it will pull back to trend now and will most likely break out of this consolidation again soon
Comment:
for now this trade is over for me and ill be looking for a new set up soon