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The_Fib_Kid
Jan 24, 2019 6:56 AM

LINK LONG Short

ChainLink / BitcoinBinance

Description

Link has bounced off the confluence zone, and the RSI on the daily only went as low as 62 (bullish support zone for the rsi is 60) and it's also holding onto support via an the 33EMA within the RSI, the 4h RSI is displaying hidden bullish divergence(oversold at a higher price). Price targets are displayed in the box, top of the box being the ultimate target, stop loss is the area below on the right in the red box
Comments
Etch1234
I'm looking more at 9600 buy in based on bearish divergence :)
The_Fib_Kid
@Etch1234, send screen shot of bearish divergence please? 9600 is like a 30% drop...
Etch1234
@The_Fib_Kid,
Here :)
The_Fib_Kid
@Etch1234, ahh the ol macd, i personally dont rate the macd, i completely missed the rsi, i srongly believe we wont see 9600, i could be wrong, i think we will bounce at one of the yellow areas ive marked
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