ssari

LINK.BTC (Y20.P2.E4).Just good

Long
ssari Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Hi All,

This is one asset that continues to perform and hence worth going long, until not too.
As you can see, against BTC it has completed the 5 impulse move with an a ascending macro triangle and hence the upper bounds like in LINK USD\T has no boundaries as yet and is unknown territory.
If one was to speculate based on the height of the triangle, that will be the macro target in the coming year.
If you believe like me that next year and onwards will be the big bull market moves, then LINK will have some story to tell.
I have a sizeable holding of LINK and I"m pissed that I have not watched it hit 3.3 level to buy more in.

For now, I have the next fib. extension level as its target 4.45 and while BTC moves sideways for some time (likely) fluctuating and testing the 8400 support and then at times the 8200 support, LINK will keep performing.


LINK chart

Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari
(for my reference > macro.chart)

Previous posts
Comment:
still bullish against BTC
Comment:
Comment:
Don't be surprised that we keep going up and use the upper trend line as support.
Comment:

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.