Chainlink (LINK) Back on the Rise (Just took longer than expected)

2년 전

A week ago or so I posted a trade on chainlink as it looked ready to bounce after digesting the prior up move. Well, that proved to be true it just took a bit longer than expected.

Making a leg higher?

Capture.PNG

That is a nice higher low chainlink put in. It dipped a bit lower than the 2.45 level I was hoping it would hold before moving higher though, which stopped me out of the trade.

Either way the chart action looks good and the upside target is the prior high of $3.

The bottom that was just formed is the new downside target that needs to be held for price action to remain bullish to neutral.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

I need to just study, stare and master this chart to get to know it's tendencies, behavior...wouldn't that be nice project.

Congratulations @scaredycatcurate! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 100 upvotes. Your next target is to reach 250 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemFest⁴ commemorative badge refactored
Vote for @Steemitboard as a witness to get one more award and increased upvotes!