$LINK/BTC 1D (Binance Spot) Falling wedge breakout

ChainLink just regained 50MA and descending TL support, we expect it to pump for real soon.
This token is not only DeFi, but part of almost all existing Ecosystems (BSC, DotEco, SolEco, AvaxEco, MaticEco, FtmEco...)

Current Price= 0.0005442
Buy Entry= 0.0005450 - 0.0005210
Take Profit= 0.0006375 | 0.0007687 | 0.0008819
Stop Loss= 0.0004632

Risk/Reward= 1:1.5 | 1:3.38 | 1:5
Expected Profit= +19.61% | +44.22% | +65.46%
Possible Loss= -13.10%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2.5 months

Commentaire:

ChainLink pumped very nicely (+13.54%) right after we published, unfortunately it seems PC bot has not purchased.
We hope some of you were able to buy manually, if not we may get filled on next pull-back if we are lucky enough!

Transaction en cours:

First entry filled

After reaching first target and even higher, ChainLink finally went down revisiting demand zone and this time the PC bot bought!
It needs to regain 50MA now though to properly resume bullish, set-up is surely still valid.

Transaction en cours:

Second entry filled

ChainLink dipped a bit more before bouncing back, quite a precise catch!

Trade fermée: ordre d’arrêt atteint:

SL was hit with -13.10% and -1R

Not even ChainLink was able to save the DeFi tokens and fell hard...