We can always expect a SFP for BTC during a push from the ALTS. Currently consolidating with upside potential. The SFP is common in uptrends as well as downtrends. We do not know if the possibility of lower prices will arise but we can prepare for it in case there is a chance. A daily close below 53200 would confirm a reversal on the daily timeframe. We would...
We can clearly see a downtrend, sideways action and an uptrend.
This is for the course
We are trickling towards the end of the channel on Stinky Linky. I hodl to 100 and trade to take profits in LINK, not USD. This is my idea for the coming elections. Disregarding politics, if price action goes below the channel we are opening 9.2 and 8.5 to begin with. The fall is going to be brutal and fast going down. If we bounce from the channel make sure we...
Chainlink hit a major trendline coming from June, it looks like it can find support at 9.2 for the short term and give a bouce towards the first trendline of our current downtrend. Target 10, 10.5 and leave a small portion if it breaks if you want towards 11.8 but it is unlikely at this point in time. Good luck to all, this is my first post ever. Stops are 8.74, ...