Link short idea

١٦ سبتمبر ٢٠٢٣

Hi everyone. As you see in chart link close to resistance area of parallel channel. Short position can give us good profit.

Entry : 6.347
Stop : 6.68
Target : 5.75

١٨ سبتمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول لوقف الخسارة

my stop point was reached but i still carry position because in btc pair link didint break the resistance as you se below;

٢٠ سبتمبر ٢٠٢٣

تم فتح الصفقة

still trend was not broken,my position active. position status around -%80.

٢١ سبتمبر ٢٠٢٣

تم فتح الصفقة

i think link rejected from the resisitance in btc pair;

٢٣ سبتمبر ٢٠٢٣

تم فتح الصفقة

link really tried to break the channel as you below. depend on behaviour of price i can close it. but still i think link will decline ...

٢٤ سبتمبر ٢٠٢٣

ملاحظة

i still carry position now -%160. i will close my position near entry point around 6.7

٢٤ سبتمبر ٢٠٢٣

تم فتح الصفقة

here last situation for link btc graph.i expected stronger reaction from resistance. but it didint happen.

٢٤ سبتمبر ٢٠٢٣

تم فتح الصفقة

as you see on the graphic, link going in the range .if it close daily candle under the resisitance i will keep position until %70 profit.

٢٧ سبتمبر ٢٠٢٣

ملاحظة

im still in position. stiuation is - %198 .

٢٩ سبتمبر ٢٠٢٣

تم فتح الصفقة

still carrying position. situation is -%300.

١ أكتوبر ٢٠٢٣

ملاحظة

still in position. situation is -%320. BUT i started to think ascending channel brooken and if it continues to dump, can be seen 5.6 or 6 $ in coming days

٥ أكتوبر ٢٠٢٣

ملاحظة

still in position. situation is -%250

٩ أكتوبر ٢٠٢٣

ملاحظة

still in position. situation is -%150

١١ أكتوبر ٢٠٢٣

تم فتح الصفقة

i added weekly link/btc weekly graph . channel structure still not broken.



i believe link can decrease more in coming days.