Babenski

LINK / BTC weekly analysis

Babenski Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
LINK / BTC

we can see strong bearish action on last weekly candel (about to close)

I expect price will visit next weekly key support level (0.00050 - 0.00042)
And also 100 W moving average in same area
If price drop there price is expected to bounce

but the most safety approach is to buy After break of trendline resistance

If price will breakout we can set nice order with suitable stoploss

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Comment:
price dumped to weekly support as expected

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