$LINK still bleeding slowly and nobody talking about it 🥲
Was 14.4 end of September, now sitting around 11.40. Every bounce gets sold under the 4H EMAs, lower highs all month.
Saturday evening it wicked 11.20 and bought back a bit but this morning it slipped again. The Oct 17 low near 11.55 already gone.
For me 11.20 is the line. 4H close under that and I think it looks for 10.8 area.
To change my mind it needs back over 11.82 and then hold 12, that's where the EMA20 keeps rejecting it.
Anyone still stacking LINK down here?
nfa, only watching for now
#LINK #Chainlink #CryptoAnalysis
Was 14.4 end of September, now sitting around 11.40. Every bounce gets sold under the 4H EMAs, lower highs all month.
Saturday evening it wicked 11.20 and bought back a bit but this morning it slipped again. The Oct 17 low near 11.55 already gone.
For me 11.20 is the line. 4H close under that and I think it looks for 10.8 area.
To change my mind it needs back over 11.82 and then hold 12, that's where the EMA20 keeps rejecting it.
Anyone still stacking LINK down here?
nfa, only watching for now
#LINK #Chainlink #CryptoAnalysis