LINK is still on the up trend road
Hi everyone
In my last analysis if you look I drew the key level 48.7 as a strong resistance.
as expected the price is hovering over around this level to create new
accumulation zone, so we can expect for more bulls in coming days.
now it seems the price is moving into a descending channel to shape a bullish flag.
I drew some resistance levels as upcoming targets.
our strong support level would be around 43.6$.
so as far as the price keep this level I'm bullish. let's see
Enjoy the market
In my last analysis if you look I drew the key level 48.7 as a strong resistance.
as expected the price is hovering over around this level to create new
accumulation zone, so we can expect for more bulls in coming days.
now it seems the price is moving into a descending channel to shape a bullish flag.
I drew some resistance levels as upcoming targets.
our strong support level would be around 43.6$.
so as far as the price keep this level I'm bullish. let's see
Enjoy the market
Trade active:
broke the first resistance level. next targets on the chart
Comment:
with sudden big drop last night to grab some more liquidity. we may see the market keep dropping for awhile but doesn't takes long
Comment:
just hit the strong demand zone on my chart and bounced back upward. we may keep the uptrend in the case BTC won't drop again, if it does this area could test again. lets see
