LINK/BTC GETS OVERSOLD WHILE BTC SURGES. LINK LOOKS TO COMPLETE A RED COMBO 13. FOLLOWED BY AN INSIDE DAILY CANDLE, THEN AN UP CANDLE. THIS IS KNOWN AS AN "INSIDE AND UP DAILY. "
AS YOU CAN SEE IT ALSO CAME RIGHT DOWN AND PIN BARRED THE FIB 0.786 LEVEL AND PROMPTED MADE ITS TURN.
THERE ARE TWO SETS OF RESISTANCE CALLED THE SET UP TREND LINE @ 41,300 SATOSHI AND 49,500 SATOSHI.
WHICH WE CAN WATCH AS PRICE APPROACHES THEM FOR ANY CLUES TO WHAT COMES NEXT!
WHAT WE WANT TO SEE IS A GREEN 2 TRADING ABOVE A GREEN 1 FOR A TREND REVERSAL.
WHEN WE REALLY GET GOING!!
SHORT TERM TRADERS STOPLOSS. I'M A HODLER AND A TRADER! SO I HAVE MY LONG TERM HODLER POSITION STORED AWAY AND THEN I LIKE TO TRADE THESE SET UPS WITH STOP LOSSES!
DYOR
MAKE YOUR OWN DECISIONS AND LIVE WITH THEM!
@hodlcommunity
What do you think LINK could do long term? I've seen talk of 100$ + easy.
I agree price could get nuts!!