LINKUSD H16: BEST Level to SHORT IT 30% gains(SL/TP)(UPDATED)

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LINKUSD H16: BEST Level to SHORT IT 30% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short and mid term.

🔸 Summary and potential trade setup
::: LINKUSD 16hour chart review
::: setup still valid
::: expecting BEARS takeover soon
::: unsustainalbe move right now
::: price going parabolic
::: heavy overhead resistance
::: based on 113 and 127 extensions
::: 14.00/14.25 we will max out soon
::: BEARS wait for breakdown of the
::: red dashed line (SHORT IT!)
::: TP BEARS is 25%/35% gains
::: FINAL TP is 9.50 USD
::: recommended strategy: SHORT IT 12.90
::: TP BEARS 25%/35% gains
::: WAIT for price to MAX OUT (14.00/14.20)
::: short 12.90 / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS

تعليق:

SETUP INVALIDATED TODAY.