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Link Short Set Up ðŸ”ŧ📉

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LINKUSD 4HR SHORT


LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF

Entry 1: $7.99-8.15
Target 1: $7.05
Target 2: $6.80
Stop Loss: 2-4% based on your own risk tolerance.

Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk.

If a wick stops you out simply wait to see if we confirm back below the trend line before re-entering.

Never chase a trade or force it if the market becomes choppy.
Never trade with out a stop loss, especially on a short.
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Double confirmation? ðŸĪ“

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This trade is now 5% or more into profit. Consider moving stop loss to break even & protect your self.
chainlinkLINKLINKUSDshortSupport and ResistanceTrend Lines

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