LINK/USDT

12 apr 2020

Link seems to find itself in a really large daily channel. Right now we are just below the mid range, a pivotal level. Coming from channel low it has to beat the mid to make a possible run up otherwise downside is likely.

12 apr 2020

Nota

On the LTF we are forming what looks to be like a ascending triangle which could mean upside continuation. Volume on the run ups is decent.

12 apr 2020

Nota

Last time trend did retest the mid channel.

12 apr 2020

Nota

If we break upside look for the same thing. This means a wick down towards the mid and topside triangle and a 1h close above. That should be a long trigger as long as bitcoin behaves. Stop below lh in triangle and 4 tp's to the upside best ratio would be 40-30-20-10

12 apr 2020

Nota

Another idea is a short, if Link fails to close above mid channel. Triangle break would open us up to take that trade.

13 apr 2020

Nota

Need to see it start closing above risistance otherewise its looking for a short especially with the possibility of a btc breakdown. We are over 60% in triangle likely the trendline will break.

14 apr 2020

Trade attivo

In a short position, trigger was wick on 1h again in the region with a close below.

15 apr 2020

Nota

16 apr 2020

Trade chiuso: obiettivo raggiunto

Closed for 9%, never hit last tp instead hit moved up stop.

18 apr 2020

Nota