ForecastCity_ME

Two buy opportunities on this chart for LINKBTC

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
Mid-Term Forecast

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00110).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.

Take Profits:
TP1= @ 0.00139
TP2= @ 0.00153
TP3= @ 0.00169
TP4= @ 0.01153
TP5= @ 0.01360

SL= Break below S2

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Short-Term Forecast

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00114).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.

Take Profits:
TP1= @ 0.00129
TP2= @ 0.00139
TP3= @ 0.00153
TP4= @ 0.00169
TP5= @ 0.00192

SL= Break below S2

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Comments

Good call - thank you.
+1 Reply
@Sir_Ray, You're very welcome!
Reply
@Sir_Ray, Thanks for your comment.
Reply
@Sir_Ray, We wish you good luck with your trades.
Reply
Do you think we should buy?
Reply
@Kamryn, Yes, dear friend!
Reply
@Kamryn, Reading charts can be useful for you
Reply
@Kamryn,Is there anything else I can assist you with?
Reply
Kamryn ForecastCity_ME
@ForecastCity_ME, No, thank's chart was really helpful.
Reply
@Kamryn, You're very welcome!
Reply