LINK.BTC (Y20.P4.E2).Fractal and compound strategy

31 באוג׳ 2020

Hi All,

It is times like this (things are bullish), I search for opportunities. That 5% here and there can be compounded to make much more gains down the track.
I tend to use the total BTC equivalent as a measure to how I'm trading, especially in an uptrend. Down trend, I tend to look at the USD value to ensure I'm limiting my losses.

Anyway, here is one of those opportunities I have already acted upon.
Late last night, I flipped 1/2 of my LINK to BTC as I saw bearish signs at the micro level.
I will use the same BTC to buy back when I feel the time is right. Hence I will have more LINK and based on this chart, more BTC equivalent.

As for the 4 hrly chart, we can observe the following:

> the indicators support the fractal, from the 21\34 ema, fib level and formation\structure;
> the macd fractal will confirm it, and using the KDJ, will get an earlier signal as the MACD is lagging more so;

Link structure overview: Parabolic structure in tact and using fibs, target levels are clear


Close up view


Daily chart, candle sticks are weaker so far in this fractal area


Please give me a like or tick for this post


Regards,
S.Sari

7 בספט׳ 2020

עסקה סגורה: הגיע לסטופ

Link.BTC explained