$LINK #LINK 🚀
Direction: LONG
Entry zone: 10.81 to 10.85
Stop loss: 10.67
Target 1: 11.05
Target 2: 11.21
Chainlink is trading near 10.83 dollars, down 2.42 percent in 24 hours, the weakest mover in this batch, inside a range of 10.80 to 11.28 dollars, and the recent closes are flat near the lows, 10.91, then 10.85, then 10.85, then 10.83. 📉 My reading is that LINK is the highest risk long here precisely because it fell hardest, so this is a small size dip trade only, with the stop below the range low doing all the risk work. A long from the current zone, with a stop below 10.67, targets 11.05 first and then 11.21 if sellers exhaust at the low. A fall below 10.67 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does LINK rise to 11.05 first, or fall below 10.67? 🤔
Follow for more trades.
#LINK #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 10.81 to 10.85
Stop loss: 10.67
Target 1: 11.05
Target 2: 11.21
Chainlink is trading near 10.83 dollars, down 2.42 percent in 24 hours, the weakest mover in this batch, inside a range of 10.80 to 11.28 dollars, and the recent closes are flat near the lows, 10.91, then 10.85, then 10.85, then 10.83. 📉 My reading is that LINK is the highest risk long here precisely because it fell hardest, so this is a small size dip trade only, with the stop below the range low doing all the risk work. A long from the current zone, with a stop below 10.67, targets 11.05 first and then 11.21 if sellers exhaust at the low. A fall below 10.67 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does LINK rise to 11.05 first, or fall below 10.67? 🤔
Follow for more trades.
#LINK #Crypto #FuturesTrading #TradingSignals
