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Babenski
Dec 20, 2020 6:23 PM

LINK / BTC weekly analysis 

ChainLink / BitcoinBinance

Description

LINK / BTC

we can see strong bearish action on last weekly candel (about to close)

I expect price will visit next weekly key support level (0.00050 - 0.00042)
And also 100 W moving average in same area
If price drop there price is expected to bounce

but the most safety approach is to buy After break of trendline resistance

If price will breakout we can set nice order with suitable stoploss

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Good luck and happy trading

Comment

price dumped to weekly support as expected
Comments
PolarHusk
Approaching key area of support 🐻❄️🙏😊😃
Babenski
@PolarHusk, yes sir
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