bitloin
Short

$LINK / $USD 4 Hour - @bitloin

COINBASE:LINKUSD   LINK/USD
When I trade, I look to make gains in both $USD and $BTC. Although I believe that $LINK will be making gains with the $BTC and $ETH pair, I still think that $LINK is looking at a current diagonal resistance after slipping beneath this trendline . The way things are looking right now, I have bids set around the $3.50 area, which has been solid support for $LINK in the last few weeks during this chop. RSI is also starting to plunge, although I'm not looking to short but rather buy the dip.
Comment: Looks like I was wrong! This beast won't stop and that's the beauty of crypto. Although I was planning on buying the dip, I entered this breakout at 4.02. My guess is that we will be targeting the 4.20 area, and if we break that we will see 4.50!

Comments

Smart to buy on the dips. I am a long term HODL and agree w/ your philosophy. Link and TEZos are the cream of the Alt world. Stay safe
+1 Reply
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