Link short idea

16 Sep 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 Sep 2023

Trading ditutup: stop tercapai

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

20 Sep 2023

Trade aktif

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

21 Sep 2023

Trade aktif

i think link rejected from the resisitance in btc pair;

23 Sep 2023

Trade aktif

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 Sep 2023

Catatan

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

24 Sep 2023

Trade aktif

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

24 Sep 2023

Trade aktif

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 Sep 2023

Catatan

im still in position. stiuation is - %198 .

29 Sep 2023

Trade aktif

still carrying position. situation is -%300.

1 Okt 2023

Catatan

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

Catatan

still in position. situation is -%250

9 Okt 2023

Catatan

still in position. situation is -%150

11 Okt 2023

Trade aktif

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



i believe link can decrease more in coming days.