$LINK/USDT 1D(Binance Futures) Ascending triangle break & retest

26 Jan 2021

ChainLink recently broke bullish on High Time Frame (HTF) and made a new All Time High (ATH).
I expect it to continue upwards after a last pull-back, let's be patient and wait for it!

Current Price= 22.627
Buy Entry= 21.310 - 19.490
Take Profit= 26.025 | 35.820 | 51.050
Stop Loss= 15.882

Risk/Reward= 1:1.25 | 1:3.41 | 1:6.78
Expected Profit= +27.57% | +75.59% | +150.25%
Possible Loss= -22.15%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1680h

27 Jan 2021

Trade aktif

First entry filled

ChainLink dipped as expected, I told you to wait for it, patience always pays!
Don't expect it to go up right away, we can still go for lower entry before that happens.

16 Feb 2021

Catatan

Going up as expected, already +20.18% (1x)

Seems like it was the perfect dip catch for ChainLink, bounced on average entry & 20EMA.

16 Feb 2021

Trading ditutup: target tercapai

TP1 reached with +27.57% (1x) and 1.25R

ChainLink kept making new All Time Highs as planned, and does not seem to be stopping.
2nd target was missed by 0.02$, that was so near, but I expect it to be reached later anyway!

22 Feb 2021

Trading ditutup: target tercapai

TP2 reached with +75.59% (1x) and 3.41R

ChainLink went for second target before pulling back to the first one.
Last target is still in play but may take some time to fully recover, SL at entry in any case.

5 Mei 2021

Trading ditutup: target tercapai

TP3 reached with +150.25% (1x) and +6.78R

That's a wrap for ChainLink, last target finally reached in Futures.
The trade is closed but we are still holding in Spot as you may have seen on last update!