LINK.USDT (Y20.P3.E5).Rare Gems.No.1.Get Ready
Hi All,
Ref B/Chart
Target 2 on my chart has been hit with a good response. Hence it leaves me to believe that this can be an area of accumulation and most probable for BTC the equivalent.
The formation can be a bull flag.
If it is to be an area of re-accumulation, I anticipate that both BTC and LINK will be holding up the price for a few days.
Come Monday or Tuesday, it will be interesting to see what happens with the SP500. If it starts to go up, understand BTC will as well.
As per my SP500 post, if it heads towards the average of the channel, then I see BTC testing 11150 and possibly 10850.
Today I did buy some LINK with some hesitation as its a key level just like for BTC.
PS. I read something recently that said, if the pullback is 40%, its would be normal for a bull trend.
If its 50%, then that's too deep and will likely go back to where it started the trend, that is Target 3.
Now its a matter of watching and potentially buying up more if its starts playing out as I described.
All the best,
S.Sari.
High level view looks like a bump and run structure being setup. (BULLISH)
PREVIOUS POST
Ref B/Chart
Target 2 on my chart has been hit with a good response. Hence it leaves me to believe that this can be an area of accumulation and most probable for BTC the equivalent.
The formation can be a bull flag.
If it is to be an area of re-accumulation, I anticipate that both BTC and LINK will be holding up the price for a few days.
Come Monday or Tuesday, it will be interesting to see what happens with the SP500. If it starts to go up, understand BTC will as well.
As per my SP500 post, if it heads towards the average of the channel, then I see BTC testing 11150 and possibly 10850.
Today I did buy some LINK with some hesitation as its a key level just like for BTC.
PS. I read something recently that said, if the pullback is 40%, its would be normal for a bull trend.
If its 50%, then that's too deep and will likely go back to where it started the trend, that is Target 3.
Now its a matter of watching and potentially buying up more if its starts playing out as I described.
All the best,
S.Sari.
High level view looks like a bump and run structure being setup. (BULLISH)
PREVIOUS POST
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MACRO price action explained
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Now on the 12 HRLY, it would be nice to see the MACD and RSI cross over. fyi, I already bought in.
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up she goes
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
