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bonewei
Feb 20, 2021 3:04 AM

LINK 20210220 Long

ChainLink / TetherUSBinance

Description

cup pattern
0.707 -> 1.618
Comments
A_WARRIORC_URRENCY
Do u think link will retest one more to 32k? I wanna open at 32k
bonewei
@A_WARRIORC_URRENCY, if retest to 32,it might run an upper triangle convergence, it represent that the resistant is strong ,but it runs to 33.85-34 and go up, it represent the cup pattern , the support is very strong.
So I recommend you to open a small long position at 33.85 and set a postion at 32 and stop loss at 31
bonewei
@A_WARRIORC_URRENCY, but now link is run up , maybe the support is very strong that it just run to fibonacci projection 1.618
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