LINK INSIDE THE CHANNEL. BREAKOUT OR BREAKDOWN?
Good morning!
This is what I'm looking for, for LINKUSD.
As we can see on the chart, LINK has been in this channel for a while, grinding up day by day. The question is will it break out now or maybe it will give us another opportunity for LONG position on the bottom border of the channel?
There are two scenarios here as we can see on the chart. Personally I'm looking to buy lower before we break out of this channel but, if we do break out now, I will be looking for a retest of the upper border or resistance level at 13.80 marked on the chart with a target of 13.89 level marked on the chart which would give us nice 23% of sweet profit :)
Let's see if we can add on dips!
Have a great day!
Cheers.
:)
This is what I'm looking for, for LINKUSD.
As we can see on the chart, LINK has been in this channel for a while, grinding up day by day. The question is will it break out now or maybe it will give us another opportunity for LONG position on the bottom border of the channel?
There are two scenarios here as we can see on the chart. Personally I'm looking to buy lower before we break out of this channel but, if we do break out now, I will be looking for a retest of the upper border or resistance level at 13.80 marked on the chart with a target of 13.89 level marked on the chart which would give us nice 23% of sweet profit :)
Let's see if we can add on dips!
Have a great day!
Cheers.
:)
Zlecenie aktywne:
So far so good. Price is doing exactly what was expected.
Got nice entry at 11.5. Next one would be anything around $11.
Let's see what we can get today.
Got nice entry at 11.5. Next one would be anything around $11.
Let's see what we can get today.