Guys hope you are having a great day wherever you are now. Yesterday there was a huge sell off in #Link by some whales. This in fact triggered some more stop losses and encouraged more people to short on #link If you are new in this market you are probably panicking and selling your #Link and you other #altcoins with some losses. I would say DON'T DO THAT !
Here is why : * Overall market is stable and there is no fundamental change * FED will keep printing dollars to support markets and some of it will continue to support #Bitcoin and other altcoins *Developers still trust #Link and #Chainlink keeps making great partnerships
When everybody is fearful it is time to be greedy !
If you look at the daily chart Fibonacci Levels are working fine and SuperTrend is still in Buy signal. If we hold 0.236 Fibo level and close above SuperTrend Support then I expect a good bounce from this level to above 20 USD.