ssari

LINK.BTC (Y20.P2.E8).v2.Macro.Bullish continuation

Long
ssari Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Hi All,

** A continuation on the previous post with short commentary **

Its ALT season again.

Observation:
> We see that at this point, we equal'ed the previous fractal accumulation area which equates to the BTC key resistance line.
It is anticipated that we will spend a short period of time here before breaking up to the next upside.
> I say this using BTC's target of 8400 of the CME gap along with the BTC dominance chart posted in the body of the previous post.
I'll add that here as well.
> I do expect a some strong resistance at the weekly 21 EMA or 7700\7800 mark which has confluence with many elements to be a strong resistance. I'm expecting over 10% pullback.
> We are seeing signs of parabolic momentum and the trend angle is increasing on BTC and is reflected here on the LINK pairing.

ETH is doing well against BTC and its no surprise.


Please give me a tick or a like as an appreciation of this post.


Regards,
S.Sari.

BTC DOMINANCE CHART

Previous post







Comment:
Looking at the BTC chart, I would expect LINK\BTC pairing to drop significantly soon and hold the trend line or near abouts.
Comment:
Comment:
Working on my new script, not bad so far. Lets see if it makes the right call
Comment:
Definition of bullish charts
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Comment:
I need to update this chart...but I'm tired making $$. Link has done me very well. Even on the smaller time frames, if you know how to use trend lines and some tools

Trade closed: target reached:
Successful call. I have other posts that continue on this tracking.

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