LINK/USDT : critical zones, possible movementsBINANCE:LINKUSDT
Hello everyone😃
Bullish side📈
- EMA 100 is supporting movement
- Helical indicator had bullish crossover on current candle
- Bullish crossover on Stochastic RSI
Bearish side📉
- MACD is bearish
- EMA 20 is being resistance
- Market volume for LINK is very low and short
- There is a resistance line on RSI also ( its not very important )
This trend lines are very affective now !
It seems LINK will be neutral rather being volatile now, and its all about BTC and BTC.D if BTC continue growing, DEFI coins will crash very hard.
🔴 Technically, LINK is bullish but on my overview its slightly bearish ! SO dont take position on it !!
If link take hold above current support line, it will grow more but if its break support and take hold below it, then it have to retest 9$.
On my vision it will touch resistance zone again (near it), Then 9$ is more possible...
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Neutral
Gold - Neutral Gold has continued to fall despite a drop in equities and the 2nd wave of the coronavirus due a strong US dollar and the markets still awaiting a stimulus deal. Therefore we hold our neutral view as we await further price action, in particular with increased volatility in the run up to the US election, which could see prices fall towards support at $1826.
EUR/ZAR will the support hold...? 19.1386
We see that price has come back down to the 19.1386 support level.
If price finds support and moves up we could see resistance at the 19.3352 level.
If price breaks through this support and the next support is at 18.9059 level AND if price breaks through this level we could possibly see a big move to the downside.
APPLE'S SHIP IS SINKING....FOR NOW? Wedge formation happening, with channel still somewhat intact. Earnings just happens to be when the wedge breaks out ---------> up? down? Who knows, but with the current environment one can only speculate.
Many are bullish here, and options appear to follow suit, though the best wait to play this is a strangle or straddle option strategy. WHO CARES which way it goes, as long as it goes one way and in a violent manner. Play the option out long enough and it could recover the opposite way.
Charts appear to show minor bearish correction. Possible support at 100day? Does it drop to the 90s? WHO CARES! Play the chart in front of you.