Link short idea

16. Sept. 2023

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

18. Sept. 2023

Trade geschlossen: Stop wurde erreicht

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

20. Sept. 2023

Trade ist aktiv

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

21. Sept. 2023

Trade ist aktiv

i think link rejected from the resisitance in btc pair;

23. Sept. 2023

Trade ist aktiv

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 ...

24. Sept. 2023

Anmerkung

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

24. Sept. 2023

Trade ist aktiv

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

24. Sept. 2023

Trade ist aktiv

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.

27. Sept. 2023

Anmerkung

im still in position. stiuation is - %198 .

29. Sept. 2023

Trade ist aktiv

still carrying position. situation is -%300.

1. Okt. 2023

Anmerkung

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

5. Okt. 2023

Anmerkung

still in position. situation is -%250

9. Okt. 2023

Anmerkung

still in position. situation is -%150

11. Okt. 2023

Trade ist aktiv

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



i believe link can decrease more in coming days.