After superbullish weekly close LINK aims for 0.5 and 0.618 Fib
Updated
After superbullish weekly candle close LINK will try to break out for the 0.5 fibonacci level at $33.9.
I would enter 50% of the position now and 50% if we reach $21.4, as it coincides with EMA55 on 1D timeframe and top of candle bodies in recent past, or otherwise a confirmed support level that will be of interest for big entries.
In case of weakness and revisit of 40K level by BTC we may see LINK price action reaching for big orders at $20-21.4 (I'd place my second orders at 21.4)
T1: $33.9
I would enter 50% of the position now and 50% if we reach $21.4, as it coincides with EMA55 on 1D timeframe and top of candle bodies in recent past, or otherwise a confirmed support level that will be of interest for big entries.
In case of weakness and revisit of 40K level by BTC we may see LINK price action reaching for big orders at $20-21.4 (I'd place my second orders at 21.4)
T1: $33.9
Trade closed: target reached
We reached T1 with almost perfect timing.
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