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Lorenz_Capital
Nov 10, 2020 2:45 PM

Chainlink Weekly TA - November Forecast - LONG Long

Chainlink / US DollarHITBTC

Description

Chainlink pulled back off August highs into the 38.2 fib retracement, and has now rallied back to the 61.8 - a good indication that we are in re-accumulation phase. We also see the weekly 20 MA respect, as the September recovery is tracking the exact same angle, and not one weekly close below it. This is the very beginning folks, stay tuned.
Comments
Protixder
Lorenz_Capital
@Protixder, Agree, and hoping for the pull back
Protixder
Bitcoin looks to breakdown.
wbrett
Nicely done.
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