$LINK Update 5 - since my last post, the LINK trade has invalidated with an hourly close below $18.70. I wanted to wait to see it's reaction at the 100EMA before determining my next entries and it looks like we've just lost the 100EMA as well, combined with no recovery of the RSI upwards trendline. I'm expecting LINK to make its way down to the hourly 200EMA where it has clear support at ~$17.50 which also lines up with the 0.5 fib level. As usual, I've set 3 seperate entries (teal lines) within that zone and my emergency SL will be at ~$16.55 which is right below the golden pocket. Invalidation for this trade would be an hourly close below the 0.618 fib level at ~$16.88 at which time I may close the trade early. #link #altcoins #Write2Earn #TrendingTopic #TradeNTell
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