LINK BTC amazing running continues for 1 year and almost made 10-15x against BTC cause of Google business support. Even during last month after BTC doomed to 3xxx level it dropped but recovered so quickly in one week. And topped around 0.00052x level. Many times tried to brake below 0.000500 level but was never able to brake it. I believe with the BTC correction before halving LINK will also visit uptrend support line around 0.00037xx - 0.00038xx . But first need to see 50k satoshi level is broken. From the daily picture I see OBO. May be I'm wrong but most possibly it looks like it. Its going apart from public investors, just robots are moving and simply they can draw any line. So lets short it with SL around 0.00053.
Note
0.000500 level broken after many attemps. It dipped around 0.00048x and started to make slow correction with the power of BTC Altcoin rising. BTC movement has to follow for further drops. Our target is still below 0.000400
Note
still holding the position, now the target is 0.00043x and finally below 0.000400
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.