sawyur

LINK/USD LONG

Long
COINBASE:LINKUSD   LINK/USD
-LINK/USD is sitting on a long term uptrend support on the weekly
-recently got very close to ATH but failed to break up and has had a large correction from $18.5 to below $13
-LINK is sitting right on top of 21 weekly moving average, it is very common for bullish markets to make a correction down to the 21 weekly moving average before continuing upward
-Should LINK break above ATH it could enter a price discovery phase and begin going parabolic as we have seen with many other coins over the last several weeks

Good luck and happy trading

Comments

Took profit on 50% of position at 19.99, holding the rest until we retrace a bit or enter price discovery phase
Reply
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