When I trade, I look to make gains in both
USD and $BTC. Although I believe that
LINK will be making gains with the
BTC and
ETH pair, I still think that
LINK is looking at a current diagonal resistance after slipping beneath this trendline. The way things are looking right now, I have bids set around the $3.50 area, which has been solid support for
LINK in the last few weeks during this chop. RSI is also starting to plunge, although I'm not looking to short but rather buy the dip.
Note
Looks like I was wrong! This beast won't stop and that's the beauty of crypto. Although I was planning on buying the dip, I entered this breakout at 4.02. My guess is that we will be targeting the 4.20 area, and if we break that we will see 4.50!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.