Technically, this is a bullish setup for 
LINKUSD as there is a bounce of the EMA and Trendling, and this is an area of interest to traders.
I had a look at fundamentals that could invalidate this analysis, but I couldn't find anything, so the bullish bias is intact.
So we have our Stop Loss on $7.2 and we will take profit at $8.5
Once the price gets to $8.1, we move Stop Loss to entry
This is my analysis of LINK
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Also, let me know what you think about this analysis through the comment box.
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LINKUSD as there is a bounce of the EMA and Trendling, and this is an area of interest to traders.I had a look at fundamentals that could invalidate this analysis, but I couldn't find anything, so the bullish bias is intact.
So we have our Stop Loss on $7.2 and we will take profit at $8.5
Once the price gets to $8.1, we move Stop Loss to entry
This is my analysis of LINK
If you like this analysis, kindly follow me now and support my idea
Also, let me know what you think about this analysis through the comment box.
Cheers!
Trade active
THE BUY ORDER IS TRIGGERED.Let's see how far it will go.
This is a swing trade
Note
Trade is running and active. Don't forget that this is swing position, you have to be patient.Note
Currently running at a little loss, but don't fret. It is a swing position, and the price should move any time soon.Trade closed: stop reached
We got stopped out here
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.