ForecastCity

💡Don't miss the great buy opportunity in LINKBTC

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000386).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. LINKBTC is in a downtrend 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 30.

Take Profits:
TP1= @ 0.000471
TP2= @ 0.000566
TP3= @ 0.000675
TP4= @ 0.000870
TP5= @ 0.001026
TP6= @ 0.001250
TP7= @ 0.001458
TP8= @ 0.001676

SL= Break below S2

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Comments

Awesome as always
+2 Reply
ForecastCity TRADESBYZION
@TRADESBYZION, Thanks a lot for your support
Reply
It's an interesting analysis of this chart because I really didn't have in mind to expect the change of direction on this support level. I should be more careful about it.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment.
Reply
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