Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
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.
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.