DONT get caught in the LINK hype 30% downside incoming
as alway sim not super active but I've got a lot of request for chainlink, so here it is,
chainlink momentum is picking up and i have no doubts we will see amazing gains in the near future as long as the charts are bullish, but be patient LINK is extremely extended, do not get caught in the FOMO, we will see a return to the the 21 daily ema and also the 382 fib is right in correlation with the 21 ema, remember the emas are a magnet for prices, no matter how strong the pump or the trend is the prices always correct and its actually a very good sign and exactly what we need to keep the trend going,
entry will be from 9.55 to $10 depending on when we see a correction, to be conservatinve you can get in at artound $10,11
we could also see a retest of previous pivot at $8,90 but with the strenght of chainlink i would try to catch the exact bottom
berst regards trader be safe and if you have any question do not hesitate
chainlink momentum is picking up and i have no doubts we will see amazing gains in the near future as long as the charts are bullish, but be patient LINK is extremely extended, do not get caught in the FOMO, we will see a return to the the 21 daily ema and also the 382 fib is right in correlation with the 21 ema, remember the emas are a magnet for prices, no matter how strong the pump or the trend is the prices always correct and its actually a very good sign and exactly what we need to keep the trend going,
entry will be from 9.55 to $10 depending on when we see a correction, to be conservatinve you can get in at artound $10,11
we could also see a retest of previous pivot at $8,90 but with the strenght of chainlink i would try to catch the exact bottom
berst regards trader be safe and if you have any question do not hesitate
Comment:
*we could also see a retest of previous pivot at $8,90 but with the strenght of chainlink i wouldn't try to catch the exact bottom