Coinathlon

LINK fakeout got me rekt

做多
BINANCE:LINKUSDT   ChainLink / TetherUS
So as I've said in my previous analysis of LINK I have entered a trade once it broke out of the channel. Breakout ended up being a fakeout, which immediately triggered my SL. I should've waited for confirmation... My mistake and I'll learn from it.

Now: LINK is at the bottom of the channel. I have taken a medium size position in LINK with a SL at $11.20, just below the previous wick.

Safe trading!

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Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.

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