Couple of potential ways I see this playing out over the coming days (as per the chart) looking to continue DCAing into LINK, great fundamentals, great price imo.
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Broke out earlier than expected. Now forming ascending triangle potential to break out to downside into buyzone. For now waiting/watching..
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Awaiting for bounce from upper trend line and confirmation of a higher low on wider timeframes (around the $19 mark). Overall market sentiment is up, but likely to need a breather in coming days, patiently waiting for additional entries on the way back up.
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Bounced from upper trend line, expecting support around $19 and some sideways action.
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Second bounce zone hit added on.
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Side ways action with support line in place rinse repeat of before another good entry/addon zone @ 17.5
** Not trading advice **
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Almost perfectly trading along the bottom trend line, just nearing the edge of the major buy zone.
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