Chainlink
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LINK daily -- hunting Chainlink for a Long entry

Yeah, so I think I will throw in ... 10 Bens on this ($1,000.oo).
when?
When the price goes lower.
$18 area looks like a solid support and turning point.
$20.20 area looks like a quadruple bottom? Is that the lower floor? Not so sure.. that's why I like $18 line.
Now $14 area is sketchy, Yikes!!!
Will watch the indicators falling, maybe $16 is the catch-all support.

It is interesting that I expect LINK to fall and I still have longs active. I mean I am hoping for 25% lower prices.. What's that doing for my active longs.. OH GEEZ.... sometimes ya gotta just HODL some of them.

Honestly it is too early to really tell how the indicators are going to fall, for how long and how deep. What we have here is....anticipation target areas. Eventually (this year probably this quarter, PA on LINK will surpass $25 and probably hit $31. So I do have my bias expectations for LINK's future PA.

Now I did do a small $260 trade and sold out at $320, a solid 20% gain for about a 1 month hodl trade.
Chainlink has some momentum going on with the European community. I think that volatility will continue to be strong with LINK.
ملاحظة
Patience. PA is on the march downwards.
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I wanted to show an order placed area. I can and will change it if I feel PA is threatening an upswing.
However, there are rare times that PA spikes up or down... Might as well catch it, if a spike down happens.
Look down at the 16.oo level for where I placed.... 60 units for 1K.
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Here's the link to the newer 1-hour chart with entry into a long position.
LINK 1-hour Run Chart..Still searching for the Long Entry
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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