Nice Short Opportunity on LINK/USDT

LINKUSDT

Maybe a bit premature on my entry here but I feel like the risk/reward is there to take this play.
Descending triangles have a higher probability of breaking to the downside, since support keeps getting chipped away.

Link ran up so fast that it failed to stabilize support levels along the way, so there's a lack of structural supports nearby.

I'll risk 5% for a potential 15% gain, any day.

Comment your thoughts below. Happy trading!

Trade geschlossen: Ziel wurde erreicht:

Target reached :)