This is just showing where I believe the price action will be moving short term and the time scale can be disregarded.
Note
If price holds a higher low here on the Link-Btc chart and a weak bounce occurs it should confirm this price movement on Link USD.Note
Whereas, A lower low against BTC could produce a more meaningful bounce.Note
Note
Link-Btc pair is forming a lower low. The Chances of Link reversal from the 1.70s is increasing, if Bitcoin can break out of its corrective pattern to the upside.Note
The link-usd price made a leg down and is hanging around the top of the buy zone in the chart. It formed a lower low on price against BTC and is printing a bullish divergence on the daily...Trade active
Stop-loss below $1.30. More buy Orders under $1.44
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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.