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Crypto_Burger
Mar 8, 2020 10:28 AM

LINK ON SALE - 35% OFF Early April Short

ChainLink / BitcoinBinance

Description

This is a weekly chart on BINANCE:LINKBTC

What I expect is for Link to have a bad March and get back down to its previous resistance which was hard to break for 32 weeks and confirm it as support. It might spend another month in this region for accumulation and then go back up.

I personally would be accumulating LINK for sure in this area of 0.00031 and I expect this target to be reached early/mid April.

I have made also some projections on how will the 21 EMA and the 55 EMA move and you can see they will provide nice support in the same area as well around that time.

Possible trendline on the Stoch is also formed and another thing to watch would be the RSI levels of 45-50.

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