LINK.BTC (Y20.P3.E3).v2.Stalking
Updated
Hi,
With this current BTC drop, it has given another opportunity to jump in to accumulate more BTC or LINK at a cheaper price.
I jumped in at the 0.382 level for another trade.
Usually I look for the 2nd touch to confirm the support level, but with some bullish charts like this, you might have to accept 1 touch, as per chart below
It has confluence at a previous resistance as well as the fib level.
Note: The 0.5 level looks more inviting or sound.
Looking at the weekly, the structure and indicator is still bullish. No red candle stick or large wick yet.
Looking at the 2Day chart, a similar story.
Looking at the macro level, there is still a chance that Link can go parabolic, only if BTC holds the 8900-9K level and then up.
You have to be in it to win it.
Please give me a like or tick for this post.
Cheers,
S.Sari
With this current BTC drop, it has given another opportunity to jump in to accumulate more BTC or LINK at a cheaper price.
I jumped in at the 0.382 level for another trade.
Usually I look for the 2nd touch to confirm the support level, but with some bullish charts like this, you might have to accept 1 touch, as per chart below
It has confluence at a previous resistance as well as the fib level.
Note: The 0.5 level looks more inviting or sound.
Looking at the weekly, the structure and indicator is still bullish. No red candle stick or large wick yet.
Looking at the 2Day chart, a similar story.
Looking at the macro level, there is still a chance that Link can go parabolic, only if BTC holds the 8900-9K level and then up.
You have to be in it to win it.
Please give me a like or tick for this post.
Cheers,
S.Sari
Note
Key levels for the time being. So if there is a pullback, I'm ready.Note
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.