LINKUSDT - TRADE SETUP
LINK/USDT has been trading in a smooth ~20%-~30% horizontal range (sounds lucrative already) since Mid-July, suggesting reasonable consolidation in the area.
We are in favour of a long position considering some interesting observations:
- It's one of the few pairs that have managed to stay above the 100EMA lately
- Positive divergence between RSI and Price on 240m
- Currently trading around and honoring 50% Fibonacci level (We didn't plot it just to cut down on the clutter)
- The horizontal range plotted on the chart itself is ~25% and that makes a great setup in our view
We'll definitely buy the Support Zone (Marked Green) and sell Resistance zone 1 (and hopefully zone 2 as well).
This trade will be going live for Ritoku followers. Levels on the chart!
We are in favour of a long position considering some interesting observations:
- It's one of the few pairs that have managed to stay above the 100EMA lately
- Positive divergence between RSI and Price on 240m
- Currently trading around and honoring 50% Fibonacci level (We didn't plot it just to cut down on the clutter)
- The horizontal range plotted on the chart itself is ~25% and that makes a great setup in our view
We'll definitely buy the Support Zone (Marked Green) and sell Resistance zone 1 (and hopefully zone 2 as well).
This trade will be going live for Ritoku followers. Levels on the chart!
İşlem kapandı: durdurma seviyesi
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.