LINK/BTC topped as expected, now what? ChainLink retrace watch
Updated
LINK topped in the 9.236-9.618 zone as expected.
The retrace thus far seems typical for an Alt coin.
ChainLink has fared better than most Alts recently.
Plotted are some possible Support zones to watch.
It is currently hovering above a damaged Support.
Momentum indicates at least one more drop coming.
131x-132x is likely tested, Super Bullish if bounces there.
118x-120x should be very strong support for a long entry.
1091-1095 would be risky but with high reward potential.
.
See some of my other Charts and Trade calls below.
I also plot Forex and some Stocks, check my profile page.
BTC bottom (caught the EXACT bottom)
BNB bounce call (Perfect entry and targets)
ETH breakout (Instant Profits, no drawdown)
MATIC rocket (Massive Profits, breakout entry)
ZRX breakout (Massive Profits, short wait)
XLM breakout (Massive Profits, instant Win)
ADA breakout (Perfect targets, massive profits)
IOTA Top (Top warning just in time)
DASH top (Top warning exactly on time)
ONT top (Early warning for Top)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
The retrace thus far seems typical for an Alt coin.
ChainLink has fared better than most Alts recently.
Plotted are some possible Support zones to watch.
It is currently hovering above a damaged Support.
Momentum indicates at least one more drop coming.
131x-132x is likely tested, Super Bullish if bounces there.
118x-120x should be very strong support for a long entry.
1091-1095 would be risky but with high reward potential.
.
See some of my other Charts and Trade calls below.
I also plot Forex and some Stocks, check my profile page.
BTC bottom (caught the EXACT bottom)
BNB bounce call (Perfect entry and targets)
ETH breakout (Instant Profits, no drawdown)
MATIC rocket (Massive Profits, breakout entry)
ZRX breakout (Massive Profits, short wait)
XLM breakout (Massive Profits, instant Win)
ADA breakout (Perfect targets, massive profits)
IOTA Top (Top warning just in time)
DASH top (Top warning exactly on time)
ONT top (Early warning for Top)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
Nice, a sudden drop below the support was unlikely to hold. .
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