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Linklong

LINK (Y20.P2.E2).Macro.TargetHi All, By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7 This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target. I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback. Note: 5.1 to 5.2 for the first major resistance. Please don't forget to give me a tick\like, as I would appreciate it. Regards, S.Sari (for my reference > Macro.charts) DAILY Chart
Long
by ssari
2
LINK, Let Price Develop... PatienceOverall LINK is looking very bullish. After tapping this demand zone 3 times, and with the news about Google, I am definitely long term bullish on LINK. Here is my setup and how I am trading it for the long term. I plan on LINK not testing that demand zone again, I believe we will see LINK go and touch that 38.2 of the long term fibs and eventually the 61.8. I want to see buy volume come in and continue to increase for me to remain bullish. If you are in it for the long term, now is a good buy to hold. My wave count is basically an ABC or 5 wave impulse based on how C performs. Either way, I do think we see the 38.2 to get hit, and then I will reevaluate my position after. This is not financial advise. Good luck out there.
COINBASE:LINKUSDLong
by thejdela
1