We have been bouncing of the green dotted support line ever since 10/19 and I expect this time to be no different. Ideally you buy when RSI shows bullish divergence and/or RSI is oversold, and sell when RSI is overbought and/or shows bearish divergence. Also, when you sell you can also change to LINK token via USDT just incase it keeps pumping, then go short (buy LINKDOWN) when there is bearish divergence.
Stop loss would be 10% or so below the green dotted trend line. (Currently around $7.38)
Stop loss would be 10% or so below the green dotted trend line. (Currently around $7.38)
Comment:
If stop loss hit, rebuy around $5 for a triple bottom rebound! Happy trading! :D