LINK got above all time high and dumped back together with all crypto market. That was easy as it was hugely overbought. But that doesn't make it bearish yet. So if we are still bullish for LINK in long term, these zones will be good to buy back 39500 and 37000.
If you like to trade really safe, wait for deeper retracement to ~34200. Unless there will be a trend reversal, LINK shouldn't dip lower. Since market shaken, I prefer lower entries. I'm ok to miss that train, there will be always another one.
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FREE telegram channels:
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Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
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.