blockchaintrends

LINK/USDT finished ABC correction

Largo
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK price action bellow 2.3$. Break EMA 21 and 50 periods. LINK achieved 2.2$ price level. LINK potential finished ABC correction. Still Hold above EMA 100,200 and green support trend line. Still don't break uptrend.
Potential rebound up to 2.52$ price level.
Volume increased and confirm bearish price action.
Indicators: MACD going to bullish crossover bellow zero line. RSI bellow 25 points oversold level. Bearish sign.
Pattern: ABC correction
S/R: Support psychology 2$. Major support 1.88$, Resistance 2.5$ psychology, Major Resistance 2.95$.

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