Link short idea

16 Eyl 2023

Hi everyone. As you see in chart link close to resistance area of parallel channel. Short position can give us good profit.

Entry : 6.347
Stop : 6.68
Target : 5.75

18 Eyl 2023

İşlem kapandı: durdurma seviyesi

my stop point was reached but i still carry position because in btc pair link didint break the resistance as you se below;

20 Eyl 2023

İşlem aktif

still trend was not broken,my position active. position status around -%80.

21 Eyl 2023

İşlem aktif

i think link rejected from the resisitance in btc pair;

23 Eyl 2023

İşlem aktif

link really tried to break the channel as you below. depend on behaviour of price i can close it. but still i think link will decline ...

24 Eyl 2023

Not

i still carry position now -%160. i will close my position near entry point around 6.7

24 Eyl 2023

İşlem aktif

here last situation for link btc graph.i expected stronger reaction from resistance. but it didint happen.

24 Eyl 2023

İşlem aktif

as you see on the graphic, link going in the range .if it close daily candle under the resisitance i will keep position until %70 profit.

27 Eyl 2023

Not

im still in position. stiuation is - %198 .

29 Eyl 2023

İşlem aktif

still carrying position. situation is -%300.

1 Eki 2023

Not

still in position. situation is -%320. BUT i started to think ascending channel brooken and if it continues to dump, can be seen 5.6 or 6 $ in coming days

5 Eki 2023

Not

still in position. situation is -%250

9 Eki 2023

Not

still in position. situation is -%150

11 Eki 2023

İşlem aktif

i added weekly link/btc weekly graph . channel structure still not broken.



i believe link can decrease more in coming days.