Bitduke

LINKUSD: Will the support hold?

Short
Bitduke Updated   
BINANCE:LINKUSD   ChainLink
LINK tested $3.8 support zone several times. I think if the downward pressure continues, then next time we can see LINK at $3.5-3.3 zone.

But my ultimate buy, where I placed my bids, is $2.8.

I do not urge to short support - it is better to wait for the fall under $3.8 and short the retest.

Information is just for educational purposes, never financial advice. Always do your own research.
Comment:
If we get a 4h close like this on the image below - I'm short.

Trade closed: target reached:
Target hit! As well as first support on the way down.


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