Update for LINK/USDT analysis📈📉

21 ene 2022

Since Sep2020 that I've posted linkusdt chart, it reached all targets and even went beyound .

so now

📈📉 As you can see on the weekly timeframe for pair of LINKUSDT , Its trading about $19.9 right now .

Link has been growing in a strong uptrend channel since its inception, and as we can see, it is Compressing between The decending trendlinr and bottom of the bullish channel and it may explode soon and start a strong bullish or bearish rally by breaking out either. It seems unlikely to break this powerful channel downwards, but it is still tied to the general trend of crypto markets and bitcoin .So for a safe entery , you should wait for its breakout and then take a position either short or long after pullback.

🛑resistance level: downward trendline(orange ) and pivot range
🆚pivot zone: $(25-27)
❇️support level: $(10.7 -13) / upward trenlines


--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
🙏with Best Regards