Chainlink retracement? Long

ChainLink / US DollarBinance

Description

⋅ Feb 16, 2021 9:45 PM

- Three year resistance
- Bearish divergence w the RSI
- Very low volume

Next big support area: order block around $23

Invalidated should we break the resistance line.

Comments

villa84

⋅ Feb 17, 2021 11:35 AM

Great char, provides interesting view. Will keep an eye on it. Thanks

Coinathlon

⋅ Feb 22, 2021 8:58 AM

@villa84, Thanks man! Good luck on your trading

ich1baN

⋅ Feb 17, 2021 2:25 AM

Next big resistance is $28 where there is major support not 23. Also Hash Ribbons just posted a buy on LINK/BTC - we will hit $100 by March

B_Musk

⋅ Feb 18, 2021 12:26 AM

@ich1baN, what's the value of using hash ribbons? how effective have they been for you?

Hop7777

⋅ Feb 17, 2021 12:16 AM

The symbol in your title says LONG. Sign?

Coinathlon

⋅ Feb 22, 2021 8:59 AM

@Hop7777, Yes, I expect it to retrace to around $23 and then it is an opportunity to go long