$LINK - the LONG side has the edge (x40)
Hey guys, $LINK just printed a 30-minute candle that looks boring, and that is the point.
Volume ran near 0.8x normal on that candle, so nobody rushed and nobody bailed. What matters here is price sitting just 0.1% under its 200 EMA, which means the trend has barely started. Price is inside the entry zone with the stop 0.7% away and the first target the same distance out. 12.17 is the line that decides it.
TRADE PLAN
Entry zone: 12.17 - 12.18 (ref 12.173)
TP1: 12.26 (+0.72%)
TP2: 12.33 (+1.29%)
TP3: 12.4 (+1.87%)
Stop loss: 12.09 (-0.66%)
⚠️ Personal market insight, not investment advice. DYOR.
Hey guys, $LINK just printed a 30-minute candle that looks boring, and that is the point.
Volume ran near 0.8x normal on that candle, so nobody rushed and nobody bailed. What matters here is price sitting just 0.1% under its 200 EMA, which means the trend has barely started. Price is inside the entry zone with the stop 0.7% away and the first target the same distance out. 12.17 is the line that decides it.
TRADE PLAN
Entry zone: 12.17 - 12.18 (ref 12.173)
TP1: 12.26 (+0.72%)
TP2: 12.33 (+1.29%)
TP3: 12.4 (+1.87%)
Stop loss: 12.09 (-0.66%)
⚠️ Personal market insight, not investment advice. DYOR.