Greetings, Snipers!
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for a Risk-Reward ratio >3 (SL at $5.20).
If Bitcoin cannot hold the current support, we may see Link drop to the next support at $4.30.
Hope you enjoy my first post! I wish to give back to the community, more or less, after lurking around for so long :)
Happy Sniping!
- LINK has been consolidating sideways from $5.30 - $9.50 since May 2022
- Two long-term trendlines from 2020 have been well-respected as support. As you know, the longer the time-frame, the more reliable the signals.
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for a Risk-Reward ratio >3 (SL at $5.20).
If Bitcoin cannot hold the current support, we may see Link drop to the next support at $4.30.
Hope you enjoy my first post! I wish to give back to the community, more or less, after lurking around for so long :)
Happy Sniping!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.