LINKUSD: Ranging

7 Mar 2020

LINKUSD is ranging between $4.8 - $4.55.

There're significant amount of asks in upper zone from $4.7, but not too much bids near $4.55.

I can assume that if BTC will go below $9000 - link will dump to $4.5 - 4.4 as well.

I'm trading this range right now, but carefully, because as you can see each next pullback is weaker and support/resistance were tested several times.


Information is just for educational purposes, never financial advice. Always do your own research.

7 Mar 2020

Not

LINKUSD heat map: i.imgur.com/IV3tZzu.png

7 Mar 2020

Not

Aaaand it crashed after bitcoin, stopped at $4.4 support zone as expected.

Waiting for a daily close. Interesting what's next;
break resistance to get back in range to or the price will be rejected