Andresa30

LINKUSD Short opportunity (just for a short-term period)

COINBASE:LINKUSD   LINK/USD
Even though the RSI and prices are making new highs, volume is telling a different story.
Price is about to reach an important weekly supply zone . This could be a good opportunity to short this coin (short-term period).
Prices may retrace between 10% and 15% once it reaches weekly supply zone . Once price retraces, it could be a good opportunity to add or increase your position.

P.S: Chainlink and Tezos are showing strength within altcoins. I am bullish in these two coins for the long-term.

Comments

Thanks for your analysis, I was long and also agree, it's looking like most coins are going to retrace and retest support for a bit...
+2 Reply
Thank you for your expert analysis. I agree w/ your thinking. I am a long term investor w/ position in Link and Tezos. Both are the gems of the alts. I am following you. Be safe down in sunny FL.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out