ChainLink / Bitcoin
Updated

LINK / BTC weekly analysis

923
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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Note
price dumped to weekly support as expected
snapshot

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