Hi all,
The chart is pretty self explanatory, but this is a look at LINKBTC. Right now weve been holding at the top of the downtrend line (yellow). Should we continue up, the top of the descending channel is a good place to take some profits. I doubt the second target is valid unless BTC soon shows a continuation of latest run up.
However, we could very easily break this and fall at least to the bottom of the channel. So, if you trade-- hold a tight stop loss as buying back in at the bottom of the channel would also be a good play.
Not trading advice!
However I am making the trade.
The chart is pretty self explanatory, but this is a look at LINKBTC. Right now weve been holding at the top of the downtrend line (yellow). Should we continue up, the top of the descending channel is a good place to take some profits. I doubt the second target is valid unless BTC soon shows a continuation of latest run up.
However, we could very easily break this and fall at least to the bottom of the channel. So, if you trade-- hold a tight stop loss as buying back in at the bottom of the channel would also be a good play.
Not trading advice!
However I am making the trade.
Nota
I wish I did this trade.. (And didnt sell at my targets ;) ) WAHHHH
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.