We are seeing bullish signs for LINK and $30 should be an easy target if things keep going well.
Price has been holding above the EMAs indicating that they are acting as a good support.
While price is above the EMA support it is still below a price resistance level. The longer it stays in the range the more pressure will build, and the quicker the breakout will be.
Because we are seeing bullish signs across the board it is reasonable to think we will have a break to the upside and we should target $30.
As long as the EMAs continue to act as support we should remain bullish. If we see a strong close below the EMAs then this idea is invalidated.
Price has been holding above the EMAs indicating that they are acting as a good support.
While price is above the EMA support it is still below a price resistance level. The longer it stays in the range the more pressure will build, and the quicker the breakout will be.
Because we are seeing bullish signs across the board it is reasonable to think we will have a break to the upside and we should target $30.
As long as the EMAs continue to act as support we should remain bullish. If we see a strong close below the EMAs then this idea is invalidated.
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Join my Discord - see www.ForgeTrades.com for details.
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Get discounted fees here:
www.ftx.com/
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www.binance.com/en/register?ref=13128793