Looking all kinds of bearish. Below EMA Oscillators looking very weak
Lot of excitement around Link and justifiably so. However this has lead to link been overbought in the short term and it may come down hard when the S&P tanks again soon. This gives us an opportunity. Here are my downside buy targets for bag filling.
Potential Buy Zones for Bat. When the stock Market starts selling off again so will bitcoin and so will altcoins. Use this opportunity to fill your bags at these levels.
Last Potential Buy Areas at the lows before this daily triangle breaks and we go mooning,
It's a huge weekly suppoprt turned resistance level. Stochastic is overbought on the daily and CAD should be stronger now with the OPEC Cut. Looks like it's ripe for reversal.
Oil Rally will probably fail and weaken CAD with it. Stochastic oversold and we hot 0.382 Fib so we could see another push to the upside
Ridiculously undervalued coin given the partnerships it has. My idea to buy the bottom and hold long.
FIB Extension Target lines up beautifully with our Major Daily Support We are now below 100 EMA and have a downward channel that has been almost religiously respected
AUD/NZD Macro Trend may switch to bullish soon if breakout of falling wedge occurs
2.2 Trillion Print will devalue the dollar. Nice H&S on both Stochastic and Chart
Between the 0.618 and the 0.5 Fib suggesting continuation to the downside is likely. Watch price action at this level
Looking quite Bearish on all Oscillators and Structure. There was also multiple fake outs to the upside of the channel. Wait for the clean Break of the bottom of Trend line before entering.
Here is my idea for my buy order on link to hold long term. This IS probably the best project in crypro at the moment with an amazing team of software engineers and advisers. The Project solves the problem of linking real world data to the block chain. My top Altcoin Picks for the next Bull run are in order: 1. Cardano 2. Chainlink 3. BAT 4. XRP
BAT is a great project with an excellent CEO who previously co-founded Mozilla Firefox. Brave is the browser associated with BAT which gained 1 million new users just last month. The project aims to solve real problems between online marketing and the consumer. So this coin already has an excellent use case. This is my target to fill my bags and hold long term.
50/200 Restest/Fakeout then move lower for long term buy