LINK/USD 30-Minute Short Trading Plan

LINK/USD 30-Minute Short Trading Plan

Trading Pair: LINK/USD
Timeframe: 30-Minute

Key Price Zones

Resistance Zone: 8.04622 – 8.16422
Support Zone: 7.51395 – 7.57672

Trade Setup

Trade Direction: Short
Entry Price: Around 7.92000, enter short position near the upper resistance zone.
Stop Loss Level: 8.00000
Invalidation Rule: Hold all short positions if price fails to break above 8.00000; fully close all short positions once price breaks and closes above 8.00000.

Take Profit & Risk Management Rules

1. First Target Level: 7.79287
Reduce half of the total position, trail the stop loss higher to lock partial profits.

2. Second Target Level: 7.67294
Reduce half of the remaining position, readjust the trailing stop loss.

3. Third Target Level: 7.54200
Reduce half of the leftover position, update the trailing stop loss.
Keep the last partial trailing position running with the protective stop in place.

Disclaimer & Risk Warning

Cryptocurrency trading carries extreme risks including drastic price volatility, leverage liquidation, slippage, liquidity gaps and regulatory policy risks. Past market performance cannot represent future price trends. This trading plan is only for personal trade recording and shall not be regarded as investment advice or trade recommendation. All trading decisions, profits and losses shall be borne solely by the trader. Only trade with funds you can fully afford to lose.