After a strong bounce in the Defi sector will expect chainlink to resume its uptrend first to 14 and then to ATH but first funding needs to normalize as its seems market is getting a bit over itself. Long in the 12.15/12.30 and add a break of 13.20 seems a plausible set-up expecting dollar to continue its weakening path and crypto gains strength as many more...
Link is breaking its multimonth uptrend and with most FI focusing on btc expect the rotation from alts to btc to continue putting further presurre expecting a re-test of the 6-7 zone.
Feedback welcome!
Will expect alts money fowing to btc as it will continue to push towards aths while the graph shows that key levels have been breached on the linkbt pair and probably heading back towards 6-7k sats.
After the recent range bound dynamics dominated by RORO and BTC following closely SP, today strong price despite stock selling off and breaking the recent range marked in the graph, while funding remains stable, large holders reaching new montly highs plus institutions continue to accumulate as an inflation hedge, is likely we´ll see a re-test of 12.400 and then a...
After once again its multi month trendline holding, expect Bitcoin to re-test 12k in the next week while expecting the low 10k zone to continue to provide good support as apparently long term players continue to acumulate ahead of the 200 dma, the recent healthy correction due to the stock crash cleansed weak hands and funding remains stable. Will expect BTC to...
After peaking vs btc link has been on a downtrend where spikes 38%/42% moves are met with similar declines, depending on the global macro outlook which should remain volatile heading into the election, expect anothe leg lower on linkbtc.
Comments are welcome!
