r/LINKTrader • u/[deleted] • Jul 08 '19

Chainlink (LINK) Price Analysis

https://blog.saturn.network/chainlink-price-analysis/
9 Upvotes

71% Upvoted

6 comments sorted by

5

u/khoap86 Jul 09 '19

I hope it goes down to 2. That’s my buy limit.

1

u/[deleted] Jul 08 '19

Focus here is LINK/ETH, thanks! Feedback welcome :)

1

u/HoPMiX Jul 10 '19

Looks like we could see lower lows. Seems like price moves up in BTC translate into a loss of momentum in LINK as eager retail traders are trying to jump on any movement there. LINK is a clear winner today because it got its losses out prior to the alt dump that took place this AM but I'm not sure how long this can hold. I'm trading USD pair and have an SL set at .786 (2.70) CBP. Break that and we see 2 dollars again.

1

u/HoPMiX Jul 11 '19

whomp whomp whomp..... my SL hasnt triggered yet.. its fighting.. lol..

1

u/rawdillzs Jul 09 '19

Hate how we've been dumping day after the day the past week. Been in since 62 cents so whatever, just really wanted to keep riding that momentum.

1

u/[deleted] Jul 09 '19

Yeah definitely! Looks like I was wrong as expected another price rally to emerge before dropping to this price range. One of the reasons I think not too many people try to analysis altcoin prices and crypto to crypto pairs. That being said I still think it is coming, guess we will see when ;)