Sparkster

Weakest Link In The Chain?

Short
Sparkster Updated   
BINANCE:LINKUSD   ChainLink
  • LINKUSD has been on a tear since we began covering it here at Sparkster a month ago. It did indeed drop down almost to target of $3 before rebounding up to test previous ATH of $4.80. But now what?
  • With 3 Hammers we see LINK dropping as low as the $3.70 level for a 13% drop, before pushing through that ATH.
  • When it moves back up, it may move fast, so traders will be looking to Buy The Dip
Trade active:
still in play and moving strongly towards target so far
Comment:
Trade active:
Yikes. Ugly continuation down.

Trade closed: target reached:
We tagged the first target yesterday and expect a possible reversal so closing this position.

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