📉 Current Situation:
LINK is consolidating at a support level.
Opportunity identified for a long trade.
📈 Trade Plan:
Entry: Ladder into a long spot trade in the $17.50 - $19.00 support area.
Take Profit: Target the next resistance areas at $21.00 - $23.00 or $26.00 - $28.00.
Stop Loss: Set just below $16.00 to manage potential downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to stop loss levels.
📊 Note: Keep an eye on LINK's price dynamics and adjust the trade plan accordingly based on market conditions! #LINK #TradePlan #SupportAndResistance 📈🔗
LINK is consolidating at a support level.
Opportunity identified for a long trade.
📈 Trade Plan:
Entry: Ladder into a long spot trade in the $17.50 - $19.00 support area.
Take Profit: Target the next resistance areas at $21.00 - $23.00 or $26.00 - $28.00.
Stop Loss: Set just below $16.00 to manage potential downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to stop loss levels.
📊 Note: Keep an eye on LINK's price dynamics and adjust the trade plan accordingly based on market conditions! #LINK #TradePlan #SupportAndResistance 📈🔗
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.