VincePrince

LINKUSD, Above Important Zones, How A Continuation Can Define!

COINBASE:LINKUSD   Chainlink
Hi,

Welcome to this analysis about LINKUSD, we are looking at the 2-hour timeframe perspectives. LINKUSD recently tested the remaining upper-resistance zones in the structure and what is important here is that it managed to move above the previously established resistance which is now support marked in blue. When LINKUSD visits this support zone a bounce to the upside is highly likely and should be expected after that when LINKUSD finally moves above the main descending-resistance-line as it is marked in my chart this will be the origin for further bullish continuations to the upside, in all these cases it is highly important that LINKUSD does not fall below-established supports and that it properly bounces in the structure, it will be an interesting development ahead.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."

Information provided is only educational and should not be used to take action in the market.

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