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Analysis of #Link
Hello friends.
Lik also like ETHUSD, LINKUSDT, it is very well supported here, looking at the daily chart and notice how the buyers are not allowing the price to fall and close below the previous structure close, also it is fib 38 and fib 61 retracements, and trendline support
That to me indicates that LTCUSD and might trigger a rally here to test the highs again and maybe more.
If you want to trade this pair it is not yet provided any bullishness on the lower time frame and still, neither buyers nor sellers are in control,
If you want to invest in it I believe this a good level for a buy and hold
many of the major cryptos show the same chart pattern, if you decided you want to get in a trade, you probably should not trade them all and only pick one.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Analysis of #Link
Hello friends.
Lik also like ETHUSD, LINKUSDT, it is very well supported here, looking at the daily chart and notice how the buyers are not allowing the price to fall and close below the previous structure close, also it is fib 38 and fib 61 retracements, and trendline support
That to me indicates that LTCUSD and might trigger a rally here to test the highs again and maybe more.
If you want to trade this pair it is not yet provided any bullishness on the lower time frame and still, neither buyers nor sellers are in control,
If you want to invest in it I believe this a good level for a buy and hold
many of the major cryptos show the same chart pattern, if you decided you want to get in a trade, you probably should not trade them all and only pick one.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
