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Moonseekers
Apr 4, 2021 12:30 PM

LINKUSDT - REACCUMULATION PHASE FOR #LINK #LINKUSDT $52 TARGET! Long

ChainLink / TetherUSBinance

Description

THE REACCUMULATION PHASE FOR LINK - ( Link Marines Assemblle)
4 Hour Chart Analysis
After Making New Highs, we can see think has had a nice pullback and is now being Reaccumulated.
Link is Currently in the LPS stages of reaccumulating After a Fake Breakout, and over extending back into the accumulation range.
After 40 days of being accumulated again, link is in its final stages of this phase.
It also retested the 0.618% Fib and over extended.
I have a target of $52 for this next push for link.
Stop Losses Below $28.50 the current swing low for anyone leveraging.

Comment


Here we go!!

Trade active

$52 link on its way

Trade active

now that we have broken out of our accumulation range we can start looking for rebuys on this pull back.

61.80% Fib - $38.23
Order Block Support - $37.12 - $37.56

Trade active

link still flying
Didn't want to pull back after reclaiming some levels
Comments
Chipstik
that's high. 3 days of waiting?
Moonseekers
@Chipstik, incoming $52 as predicted
Chipstik
@Moonseekers, can this be in future binance? With the 8H funding fee of 0.2%
Moonseekers
@Chipstik, yeah mate i trade on binance futures
looks like we might need to cool off for a bit atm will update chart above for you
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