Looking at the chart, LINK/USDT tested 50% Fibonacci retracement and LINK/BTC is also testing 4H-200 EMA support line. Next Major Support line is 1D-EMA50. I like fast money! Please leave any comments. Thanks!
LinkUSDT (July 4-2019_7:11 PM My Time)
link - update updates its minimums asset) I think we will go much lower! the only level that will keep us it's 2 dollars
It seems to go this way, maybe even sooner than 4'th of July. Little correction before it happens.
2 bearish wedges formed during consolidation in a longer term descending triangle. Price action was driven down further after breakdown of both bearish wedges. Supports/buy zone ranges between $2.9 and 3.2.
Going back to my old style of Day trading/Scalping: -Heikin Ashi Candles -Supports & Resistances -RSI bull cross for warning signs to buy -MACD bull cross for confirmation to buy -RSI Bear cross or peaked out to sell -MACD Bear cross or Histogram color change to sell(delayed) -2018 I made more $$ doing this and wasn't following twitter influencers. -I chose only...
TA fundamental analysis very large partnerships previously wrote
Moving averages are beginning to cross-over and flatten out on the 4h chart, DI indicator shows a lot of disagreement in the market and that either party can take control of the price, and finally, we have somewhat of a bearish descending triangle. If the fear during the move is low enough, we could easily bounce off the 124 candle (orange) or the 200 candle...
Hello everybody! just a quick update on my analysis LINK/USDT
16:58:43 (UTC-7) Registered 33.875.850 USDT Hey everybody! how was your trading last month? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope !
Links is forming bullish consolidation, expecting Link to breakout of this diagonal resistance. Idea is invalidated when the price closes below 30.3057. Get buy & sell signals with our crypto market scanner: bit.ly/crypto-trendz-signals
Well respected support, moving inside a pennant, almost breaking up. Ideally would see it reclaims the OB and moves up. One of the coins you can hodl for a long term backed up with good fundamental too.
Link is trapped between support and resistance. The wave upwards is more impulsive than the wave downwards so i will be looking to long this on support. A breakout upwards is expected. Get signals with our crypto market scanner: bit.ly/crypto-trendz-signals
Overall looks bearish, unfortunately I cant short such a good trading opportunity on Binance. I will wait to see if the price goes above the supply level and will be looking for longs there. Staying away for now.