mrdrdn

mrdrdn

If LINK doesn't hold its current level around $35.70 we could see $28 in our future. A bounce and/or accumulation here could confirm new support. I keep a small bag for swing trades, and re-entered at $36, I will wait for support confirmation before any other moves.

mrdrdn

Not quite the breakout I was expecting from this ascending triangle. RSI shows a little room to grow, but is also riding on a crucial resistance level. I see one of two things happening here: 1. We see some consolidation at this level to establish support at our old resistance around $34.75, before a move toward the big 4-0. 2. Volume dissipates and we see a...

mrdrdn

The current move is approaching a crucial crossroads for LINK. Will we see new ATH or are we re-tracing to previous support?

mrdrdn Updated 

RSI still showing bullish momentum, but I will not be entering a trade here. With no established support, and volume slowing down, the risk is above my profile, but if I were bold enough to take entry here I would set my targets on $.34 and $.40 with SL at $.275. If a reversal establishes support on the red trend, HBAR is heading to new price discovery.

mrdrdn

RSI is losing steam. The current move upward is staring down the barrel of a reversal. If we can hold the red channel I see a bounce happening around $1.09, if not we've got a lot of gap to fill.

mrdrdn

NFA. Don't drag me, this is my first trade idea. Critiques are welcome. I added to my LINK position at $25. I also have buys set around $18-$20 in case the bottom of this falls out. Not only do I think $20 would be a healthy correction, but it would set us up on very strong long term support that dates back to mid 2020 and give the long term support for LINK a...