$LINK : WAIT - broken support needs a retest before any short.
What happened: LINK held 9.99-10.15 for ten hours, then fell to 9.62. Now bouncing near 9.97 under the broken floor.
Entry: 10.03 if price pushes to 10.0-10.06 then fades.
Stop loss: 10.19, about 1.6 pct above entry.
Target 1: 9.68, gives about 1.7 times the risk.
Target 2: 9.62, gives about 2.0 times the risk.
Avoid longs, buying into broken resistance with weak Bitcoin is risky.
What cancels the idea: a candle close above 10.19 on the hourly chart kills it. No retest, no trade.
Bitcoin fell to 67.4k and is bouncing weakly near 69k. #write2earn #trade #tradesetup
Reply with your coin you want analysis on.
What happened: LINK held 9.99-10.15 for ten hours, then fell to 9.62. Now bouncing near 9.97 under the broken floor.
Entry: 10.03 if price pushes to 10.0-10.06 then fades.
Stop loss: 10.19, about 1.6 pct above entry.
Target 1: 9.68, gives about 1.7 times the risk.
Target 2: 9.62, gives about 2.0 times the risk.
Avoid longs, buying into broken resistance with weak Bitcoin is risky.
What cancels the idea: a candle close above 10.19 on the hourly chart kills it. No retest, no trade.
Bitcoin fell to 67.4k and is bouncing weakly near 69k. #write2earn #trade #tradesetup
Reply with your coin you want analysis on.
