Wow! I did call the top in previous posts. Not even i would have guessed that Link would have dropped this much. Great catch if you bought at less than a cent. Still waiting for patterns with good volumes to trade. However i will be accumulating crypto at these prices!
As previously mentioned Link was overvalued in the current market. I have highlighted support levels that coincide with Fib lvls. I will wait and see how PA reacts before touching this Altcoin.
If you are holding long term this is nothing to be alarmed. However, if trading i hope you placed Stop Loss. we can see it dropped back to previous support of around $10. I will buy some more here for long term accumulation. Trading i will hold off till i see a pattern of my liking with significant volume.
TA is only probability. Did not count on the virus to hit this strong. Either way i am still bullish and perfect price to accumulate more physical oz. We can also say we retested the breakout. If i trade this i will wait for more PA.
Personally, Neo needs a small correction to the $10 range. I will buy some around that area for long term hold. $16 looks like the first area of resistance. Which we will not break on the first try. we need to pull back and consolidate to break through resistance.
Silver decided to breakout before my anticipated pullback. Here we see silver reaching local resistance. Continuation to the upside will lead up to $20-$21 per oz.
