Chart with the most clarity appears to be on the 4-hr time frame; however another guide to keep things simple will be the next daily candle bar close
Bullish Scenario: (yellow & blue arrow)
- Day candle bar close ABOVE 31.46
- Bullish take profit price target are $41.65 and $46
- Best case if the ascending channel breaks bullish during the next all time high test.
Bearish Scenario: (red arrow)
- Day candle bar close below 31.46
- RSI levels on the 4hr below 44.7
- Downside Price targets $28.7 & $26
Risk to Reward is currently in favor of the bulls, risk to reward is higher to the upside than downside, and as long as BTC D continues on a downward trend and BTC price stays above $5450, sentiment is likely favorable for the LINK Marines.
If you would like more updates on Link please give this post it would mean a lot <3
Bullish Scenario: (yellow & blue arrow)
- Day candle bar close ABOVE 31.46
- Bullish take profit price target are $41.65 and $46
- Best case if the ascending channel breaks bullish during the next all time high test.
Bearish Scenario: (red arrow)
- Day candle bar close below 31.46
- RSI levels on the 4hr below 44.7
- Downside Price targets $28.7 & $26
Risk to Reward is currently in favor of the bulls, risk to reward is higher to the upside than downside, and as long as BTC D continues on a downward trend and BTC price stays above $5450, sentiment is likely favorable for the LINK Marines.
If you would like more updates on Link please give this post it would mean a lot <3