Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Amazing call on link ...whats next targets ?
ChainLink / TetherUS
Short
Amazing call on link ...whats next targets ?
By Babenski
Follow
Follow
Updated
Nov 6, 2020
7
Nov 3, 2020
Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here :
Price broke the trendline support and fall from rising wedge as expected
As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level)
(Also this level is the trendline support breakdown level)
We can see next target easy
Potential next targets to be reached :
Target 1 : around 8.5$ ( 0.618 fibonacci level )
Target 2 : around 7.3$ ( was recent low for link )
Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level )
For investor this areas is a good ones to accumulate partially before next bull run in link
Link was and still one of my favorite coins
Long term is bullish
Please like and subscribe for more idea if you see it helpfull
Nov 6, 2020
Trade closed: stop reached
Price closed daily above 10.8 level
Bearish scenario is invalidated
Chart Patterns
Fundamental Analysis
LINK
LINKBTC
linkbtclong
linkchain
linkcoin
linkshort
LINKUSD
linkusdsignals
LINKUSDT
Trend Analysis
Babenski
Follow
📈Telegram channel:
t.me/bitcoin_masters
💎For Premium Signals Group ask me here:
t.me/Babenski
Also on:
Related publications
Link looking bearish on both usdt and btc pair
by Babenski
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.