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ijustcoin
Apr 4, 2021 5:42 PM

LINKUSDTPERP - Be prepared for next weekly candles Long

ChainLink / TetherUS PERPETUAL CONTRACTBinance

Description

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!

Comment

A move up happend as expected at 15:00

Comment

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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.

Comment

I am goin LONG on LINK aggain from $32 level. I hope we can break through $35 level resistance
Comments
Eightchains
Wonderful LINK analysis! Thanks much!
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