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LINKUSD: Ranging
ChainLink
LINKUSD: Ranging
By Bitduke
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Updated
Mar 7, 2020
5
Mar 7, 2020
LINKUSD
is ranging between $4.8 - $4.55.
There're significant amount of asks in upper zone from $4.7, but not too much bids near $4.55.
I can assume that if BTC will go below $9000 - link will dump to $4.5 - 4.4 as well.
I'm trading this range right now, but carefully, because as you can see each next pullback is weaker and support/resistance were tested several times.
Information is just for educational purposes, never financial advice. Always do your own research.
Mar 7, 2020
Note
LINKUSD heat map:
i.imgur.com/IV3tZzu.png
Mar 7, 2020
Note
Aaaand it crashed after bitcoin, stopped at $4.4 support zone as expected.
Waiting for a daily close. Interesting what's next;
break resistance to get back in range to or the price will be rejected
altseason2020
Beyond Technical Analysis
chainlink
chainlinkusd
LINK
LINKBTC
linkmarines
LINKUSDT
Support and Resistance
Trend Analysis
Bitduke
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