LINK.BTC (Y20.P4.E2).Fractal and compound strategy

By ssari
Updated
Hi All,

It is times like this (things are bullish), I search for opportunities. That 5% here and there can be compounded to make much more gains down the track.
I tend to use the total BTC equivalent as a measure to how I'm trading, especially in an uptrend. Down trend, I tend to look at the USD value to ensure I'm limiting my losses.

Anyway, here is one of those opportunities I have already acted upon.
Late last night, I flipped 1/2 of my LINK to BTC as I saw bearish signs at the micro level.
I will use the same BTC to buy back when I feel the time is right. Hence I will have more LINK and based on this chart, more BTC equivalent.

As for the 4 hrly chart, we can observe the following:

> the indicators support the fractal, from the 21\34 ema, fib level and formation\structure;
> the macd fractal will confirm it, and using the KDJ, will get an earlier signal as the MACD is lagging more so;

Link structure overview: Parabolic structure in tact and using fibs, target levels are clear
snapshot

Close up view
snapshot

Daily chart, candle sticks are weaker so far in this fractal area
snapshot

Please give me a like or tick for this post


Regards,
S.Sari
Trade closed: stop reached
Link.BTC explained
snapshot
altcoinschainchainlinkchainlinkbtcchainlinkbtclongChart PatternsTechnical IndicatorsLINKLINKBTClinkbtclongTrend Analysis
ssari
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.

Related publications

Disclaimer