The LINK/BTC Pair is reaching a critical point on the daily chart. Price is flirting with the .618 Fib zone. Ideally we want the price would rise back up into and close within that zone. There is also a strong long term support trend line being tested right now as well. If this support is broken, look for prices to drop to the 15500 sat range. If that range is broken, look for the price to drop to 11000 sats.
If price breaks up above the resistance line, the price targets are as follows:
1st: 23000 sats
2nd: 28000 sats
3rd: 35000 sats
*THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*
If price breaks up above the resistance line, the price targets are as follows:
1st: 23000 sats
2nd: 28000 sats
3rd: 35000 sats
*THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*
Note
Price broke resistance. Look to accumulate at 17000-15000 satsNote
Price quickly got back above support after dipping into the high 17000 sat range. It then broke resistance and spiked to my 1st price target. Look for a small dip before continuing to 28000 sats
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.
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.