EthanTW

LINKUSDT Downtrend line is going to be taken out?/TS

Panjang
BYBIT:LINKUSDT   LINKUSDT SPOT
LINKUSDT
1H trend chart
-
After price took out the neckline, the triple bottom pattern has been confirmed.
Further it has retested neckline as a strong support.
If price broke out the downtrend line, trading strategy as below.
-
Profit Targets:
a) 30.199~31.102----Fib(1.272~1.382)
b) 32.124----Previous high
c) 35.578----Fib(2)
*Notice that previous high 28.189 must be a potential resistance.

Stop losses:
a) 25.213----Red horizontal ray
-
Trading is a reflection of yourself, sometimes you need to take a step back to see more.
Learn more daily and Be ready for any opportunities daily.
Have a nice trading!

🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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.