Chainlink ready to retest the $1.95 support area?
Chainlink, a highly correlated coin with Bitcoin in the past 18 months and one of the best performers in 2019.
However, are we going to see continuation of that or are we topped out for now?
Price rejected at the $2,33-2,35 resistance here, which could mean that we’re going to see some retests.
I’d be expecting this downfall to occur if Bitcoin can’t keep on pacing upwards. Crucial for Bitcoin is a similar breakout to the upside in the next 24-48hours.
Rejection and a lower high here and I’m aiming for $1,95 and $1,60-1,70 as potential long entries.
If we break $2,33 and I’m going to play the retest towards $2,80.
However, are we going to see continuation of that or are we topped out for now?
Price rejected at the $2,33-2,35 resistance here, which could mean that we’re going to see some retests.
I’d be expecting this downfall to occur if Bitcoin can’t keep on pacing upwards. Crucial for Bitcoin is a similar breakout to the upside in the next 24-48hours.
Rejection and a lower high here and I’m aiming for $1,95 and $1,60-1,70 as potential long entries.
If we break $2,33 and I’m going to play the retest towards $2,80.