LINK to 30, possibly 46 (Log Scale)
Bull market is here. looks like an ABC correction with capitulation in late December down to $8.00. relaimed major support at $12. Fib extention puts the 1.618 at $30 the 2.618 at 45.
I will be taking some profit at 30 and the rest at 45.
Volume looks strong, not much overhead resistance, and then we'll be in price discovery.
I will be taking some profit at 30 and the rest at 45.
Volume looks strong, not much overhead resistance, and then we'll be in price discovery.
Starting Margin: 3x
Price: $13.10
Target: $30.07
Stop Loss: $11.83
TimeFrame: 4h
Risk/Reward: 13.87
Estimated Time to Play Out: 4 weeks
Real $ & % Exposure: X & 28%
Scale Up Margin: Increase margin to 5x after $16, scale up to 7x once in discovery phase.
Support: $12
Resistance(s):$13.40, $15.80, $20
What does the chart say? RSI screaming bullish. Alt season is almost here. profits from btc will flow to LINK. been consolidating at $12 for a while. Gonna rip when it does. parabolic type rip
Profit Taking: 75% at $30, 25% to $45.80