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Skook92
Dec 2, 2021 3:03 PM

LINK LONG (DCA) Long

Chainlink / United States DollarCoinbase

Description

Patience has paid and LINK remains undervalued and one of the last to move which presents a good opportunity imo!

Adding to LINK here LONG.

Technicals look good - market showing signs of turning around.

Check related ideas (below) for prior movement predictions! :)

** NOT FINANCIAL OR TRADING ADVICE **
Comments
Hector_Bienvenu
So prices could be rejected for the third times on the yellow trendline which act as a fkcn resistance ? Agree with that ?
Skook92
@Hector_Bienvenu, they could. However, i believe with support and resistance the more attempts at it (either) the more likely it is to fail.
So here's to hoping it breaks through and heads towards longer term price targets $50-70 (speculative).
I just marked the shorter timeframe resistance as i'd prefer to review how it's performing at those targets marked on the chart and take some profits along the way just in case. (personal preference/approach ofc)

good luck! :)
Hector_Bienvenu
@Skook92, Thank you for your quick reply ! This is my idea
Skook92
@Hector_Bienvenu, Looks good! On the macro, 1 week I agree with you longer term 80-120 is a good zone around that 1.618-2.618. Timeline looks good to, mid next year for key alt movements at which point $25 looks a great DCA area :D .
Hector_Bienvenu
@Skook92, Time will tell ! Lets come back here in 4 months ;)
slimbha30
I can't find these 3 indicators can you help?
Thank's
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