LINK Next in Line to Rally? for OKEX:LINKBTC by reversalradar
Major Alt coins of BCH, ETC, MKR, have all posted 60%+ rallies the past few days. LINk has also been consolidating…
- Major Alt coins of BCH, ETC, MKR, have all posted 60%+ rallies the past few days, so this seems to be the bottom for most alts vs. BTC. LINK should therefore also be in that group.
- LINK has also been consolidating between .0035 and .005, with a horizontal break of the short term downtrend.
3. LINK put in a higher low on this weekly candle. There is some symmetry in the higher low with the low of two weeks ago and ready to rally with a break above the .005 level.
Stop entry set for .005.
Will also add to the position once the weekly chart produces its first green close.