Link short idea

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

עסקה סגורה: הגיע לסטופ

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

עסקה פעילה

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

עסקה פעילה

i think link rejected from the resisitance in btc pair;

עסקה פעילה

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 ...

הערה

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

עסקה פעילה

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

עסקה פעילה

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.

הערה

im still in position. stiuation is - %198 .

עסקה פעילה

still carrying position. situation is -%300.

הערה

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

הערה

still in position. situation is -%250

הערה

still in position. situation is -%150

עסקה פעילה

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

i believe link can decrease more in coming days.

cevikdogukan

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cevikdogukan

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