ChainLink / BitcoinShort
$LINK - I think the purple line is decision time
I have my eye on the purple line. Expect bearish continuation up to this point, these mid-bull-move levels don't tend to hold up well as support.
The levels at the start of the bull move, you'd think would be interesting to traders and may be where buyers would start to come in again.
If I saw a bottom forming here andBTC was behaving itself - say, in November after the election shenanigans - and market weather looked OK, I might consider picking up a bag with a stop loss.
The thing about LINK is that, market cycles notwithstanding, there are a lot of wierdos who are obsessed with it since day dot, and that generally means another run in future.
The levels at the start of the bull move, you'd think would be interesting to traders and may be where buyers would start to come in again.
If I saw a bottom forming here and
BTC was behaving itself - say, in November after the election shenanigans - and market weather looked OK, I might consider picking up a bag with a stop loss.The thing about LINK is that, market cycles notwithstanding, there are a lot of wierdos who are obsessed with it since day dot, and that generally means another run in future.
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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.