LINK below 200MA

ChainLink / BitcoinBinance

Description

⋅ Nov 18, 2020 7:40 PM

Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.

Also make sure to leave a like as it helps me out a lot!

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LINK
- Playing with support from October @ 74k sats.
- Below 200MA
- MA's looking to form death cross
- MACD in negative territory

I'll be looking for:
- Break above 200MA
- MACD curling up

After which I hope we can break the blue resistance zone. A lot will however depend on what bitcoin is playing to throw at us...

Comments

Losing-Up

⋅ Nov 19, 2020 11:31 AM

Higher timeframes still bearish, but give it a few more weeks and it might look better.

Until Bitcoin cools off its parabolic run this pair will struggle.

Coinathlon

⋅ Nov 19, 2020 8:25 PM

@losingup63067, Definitely. let the big BTC bully do its thing while we stock up on cheap alts. Their time will come!