LINKUSDTPERP - Be prepared for next weekly candles
Hi, everyone!
If you followed my previous idea you probably didn't miss the buy opportunity we had around $29 level.
Looking at the weekly chart i must say the we have very strong chances to go up from here. Here is why:
* White Energy is about to cross 30, that's a signal to begin accumulate LINK
* Green EMA is about to cross Red Rsi, while Red Rsi is trending up since October 5th 2020. We should expect this to happen between April 5th and April 12th
* We have about 2 more weeks to accumulate LINK before a move up
Looking at the short-term chart i must say i expect a higher high. And i expect that move to occur around April 5th 15:00 UTC
NOTICE:
It's possible we will a shakeout to liqudate longs before legging up, it happens sometimes, so don't be greedy with your leverage!
If you followed my previous idea you probably didn't miss the buy opportunity we had around $29 level.
Looking at the weekly chart i must say the we have very strong chances to go up from here. Here is why:
* White Energy is about to cross 30, that's a signal to begin accumulate LINK
* Green EMA is about to cross Red Rsi, while Red Rsi is trending up since October 5th 2020. We should expect this to happen between April 5th and April 12th
* We have about 2 more weeks to accumulate LINK before a move up
Looking at the short-term chart i must say i expect a higher high. And i expect that move to occur around April 5th 15:00 UTC
NOTICE:
It's possible we will a shakeout to liqudate longs before legging up, it happens sometimes, so don't be greedy with your leverage!
Comment:
A move up happend as expected at 15:00
Comment:
Comment:
We have a breakout, our nearest target is $40 level.
Yellow dashed line is pointing at the moment where 1W energy should cross level 50. Till that moment we may continue buying to sell higher.
Yellow dashed line is pointing at the moment where 1W energy should cross level 50. Till that moment we may continue buying to sell higher.
Comment:
I am goin LONG on LINK aggain from $32 level. I hope we can break through $35 level resistance
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