#LINK/USDT 1h (OKX Futures) Ascending wedge on resistance for OKX:LINKUSDT.P by TradingOn

#LINK/USDT 1h (OKX Futures) Ascending wedge on resistance

ChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.

⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%

Current Price:
20.219

Entry Targets:
1) 20.449

Take-Profit Targets:
1) 19.002

Stop Targets:
1) 21.174

Published By: @Zblaba

#ChainLink #DeFi #Oracle chain.link

Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days

Trade active

OKX Futures
All entry targets achieved
Average Entry Price: 20.449 💵

is pulling back to entry, let's see if gets rejected as expected.

Note

⚡️⚡️ ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%

Entry Targets:
1) 20.449 ✅

Take-Profit Targets:
1) 19.002

Stop Targets:
1) 20.449

Published By: @Zblaba

is going down as planned so far after retesting the wedge resistance, already halfway to TP, time to secure SL at BE.

Trade closed manually

OKX Futures
Stop Target Hit ⛔️
Profit: 0.0%

bounced back and kicked us out at Entry, you may stick with original SL if you are still in.

Note

2h

is going back down and approaching the TP, congrats if you held short!

Note

2h

finally dumped enough to hit TP, what a ride!

TradingOn

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