Babenski

Amazing call on link ...whats next targets ?

Short
Babenski Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here :


Price broke the trendline support and fall from rising wedge as expected

As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level)

(Also this level is the trendline support breakdown level)

We can see next target easy

Potential next targets to be reached :

Target 1 : around 8.5$ ( 0.618 fibonacci level )

Target 2 : around 7.3$ ( was recent low for link )

Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level )

For investor this areas is a good ones to accumulate partially before next bull run in link

Link was and still one of my favorite coins
Long term is bullish

Please like and subscribe for more idea if you see it helpfull

Trade closed: stop reached:
Price closed daily above 10.8 level
Bearish scenario is invalidated

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