This is just showing where I believe the price action will be moving short term and the time scale can be disregarded.
Comment:
If price holds a higher low here on the Link-Btc chart and a weak bounce occurs it should confirm this price movement on Link USD.
Comment:
Whereas, A lower low against BTC could produce a more meaningful bounce.
Comment:
Comment:
Link-Btc pair is forming a lower low. The Chances of Link reversal from the 1.70s is increasing, if Bitcoin can break out of its corrective pattern to the upside.
Comment:
The link-usd price made a leg down and is hanging around the top of the buy zone in the chart. It formed a lower low on price against BTC and is printing a bullish divergence on the daily...
Trade active:
Stop-loss below $1.30. More buy Orders under $1.44