LINKBTC is showing positive price action bouncing back from buy zone shown in green and from the bottom of the channel. I would prefer to see bullish divergence on the RSI similar to the bearish divergence formed at the two previous tops, hence, there is high probability that we will visit support at 0.00097Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Note
It bounced off and then retested the green zone for the 3rd time, bounced off again for one candle only and then broke the green zone and dropped to the support indicated above as anticipated with a long wick and a nice green candle, any drop back towards 0.00097 is a buying opportunity as long as we do not start seeing 2 hour candles closing below this level.Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.