Timeframe: Short-Mid term
Sell Zone: 29k-31k sat
Target Zone: 22k sat
Brief Summary: LINK/BTC has entered the condition of not-trending, at least in the short-mid term. Stop losses should be set at the 32k level - just above the 1st StDev of the 200MA Bollinger Band - in case the upward trend resumes. The signal is short-mid term and the final target is the daily 200 moving average.
Commodity Channel Index , custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis .
Sell Zone: 29k-31k sat
Target Zone: 22k sat
Brief Summary: LINK/BTC has entered the condition of not-trending, at least in the short-mid term. Stop losses should be set at the 32k level - just above the 1st StDev of the 200MA Bollinger Band - in case the upward trend resumes. The signal is short-mid term and the final target is the daily 200 moving average.
Commodity Channel Index , custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis .