First of all i am doing all these updates for myself. I am practising my analysis and uploading these updates in purpouse to not forget trade opputunites i've found. So i am doing this for myself, but i'm happy to share it with you and get your likes and comments!
Regarding LINKUSDT I was expecting this shakeout and i didn't sell my LINK, but i think it's time to increase my position. I expect a higher low and i expect these weekly candles from my previous analysis to continue going up.
Previous analysis:
I hope i'll have an opportunity to buy at $33 level, but price might not dip down there again. So i MUST be ready to buy more at $40 level, which won't be looking so crazy after a couple of months, when LINK hits $100-$200 levels. I think that's very possible.
Overview of the idea:
What: Buy opportunity When: 20 April 15:00 UTC Signal: 90M Cross (Green EMA must cross up Red RSI) Price levels to buy: $36,$33,$31 Targets to fix profit short-term: $44,$55,$67
Comment
⋅
I am very sorry for the chart doesn't contain any info. Somehow i've picked the wrong one. The screenshot of the actual chart with the idea is below:
Trade active
⋅
Comment
⋅
Near-term/Mid-term targets: $54-$63 $74-$92
The move up might take 24 days, beginning April 23th
Comment
⋅
Everyhting goes accordint to the plan.
I placed my another buy execution between April 23th and April 26th
Short-term: 6H Energy (left) - is going down, ready to reverse soon 12H Energy (center) - fooled me at level 50 be reversing downwards 1D Energy (right) - formed a second bottom. I expect it to curve up
Near-term 1D Energy (first) - formed a second bottom. I expect it to curve up 2D Energy (second) - still going down, will see when it'll go up again 4D Energy (third) - is at the very bottom, pointing that we potentially reached the bottom 1W Energy (fourht) - currently curved down, but this weekly didn't close yet. It still has 2 days to go. So will see how it will look like April 25th. If this daily will continue goin up, i think we are ready for a reversal
@djr0726, Thanks! That's the new trading technique made me do it, so i while i'm in a trade i undestand the full potential of the trade and the time i'm expecting to be in a trade.