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Oct 13, 2021 7:41 AM

LINKBTC Long

ChainLink / BitcoinBinance

Description

The crypto pair is approaching a major Weekly support between 0.00041 - 0.00034. This demand zone acts as a major threshold between bullish and bearish price action.

If bulls could manage to protect this zone, then we are likely to see this pair once again challenge the falling resistance around 0.00062.
If we manage to climb above this then LINKBTC is likely to open new upsides towards 0.00089 initially followed by 0.0010.

However if a breach of 0.00041 - 0.00034 is seen then we are likely to head towards 0.000265 as next major support zone.
Comments
Silkman
Great analysis, only up
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