otis_bagshots

LINK/USD Approaching Buy Zone

COINBASE:LINKUSD   Chainlink
Link is trading near a support zone in a falling wedge nested within a ascending parallel channel.
This zone corresponds with support from the volume profile and the 0.382 fib retracement level.
It is also exhibiting RSI divergence and is oversold on the Stochastic RSI.
If it finds support, we can expect it to maintain its uptrend within the parallel channel.
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