Hello friends
Today we are at your service by examining the LINK currency trend.
The link is in a strong uptrend Currency Link is one of my favorite currencies.
Last week we saw good news. The beginning of Link's cooperation with Tesla is a strong fundamental news that has a great impact on the future of this currency.
The link is in a strong uptrend.
Every time we encounter this trend line, we have witnessed the growth of Sharp.
On the other hand, the link came out of an incremental triangle pattern and returned to its ceiling.
The situation of the Altcoin market is declining, but the link has had good reactions compared to the rest.
LINK on the RSI has broken its downtrend line, which is a sign of a price return.
We see the return of LINK after hitting the trend line in the support area of 10.78 and on the other hand it is in the resistance area 11. If it crosses this area and breaks its downward trend, we will see growth up to the Fibonacci 786 area (11.38) which is in the line area. It is also a downward trend. If it passes through this area, the targets
11.44
12
12.5
13
And if it crosses the price of 13, which is a strong resistance area, the goals
13.18
13.96
14
14.66
15
16
Important
Rand price areas have strong psychological resistance, such as 14 14.5 15 15.5 16
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your opinion with me.
Today we are at your service by examining the LINK currency trend.
The link is in a strong uptrend Currency Link is one of my favorite currencies.
Last week we saw good news. The beginning of Link's cooperation with Tesla is a strong fundamental news that has a great impact on the future of this currency.
The link is in a strong uptrend.
Every time we encounter this trend line, we have witnessed the growth of Sharp.
On the other hand, the link came out of an incremental triangle pattern and returned to its ceiling.
The situation of the Altcoin market is declining, but the link has had good reactions compared to the rest.
LINK on the RSI has broken its downtrend line, which is a sign of a price return.
We see the return of LINK after hitting the trend line in the support area of 10.78 and on the other hand it is in the resistance area 11. If it crosses this area and breaks its downward trend, we will see growth up to the Fibonacci 786 area (11.38) which is in the line area. It is also a downward trend. If it passes through this area, the targets
11.44
12
12.5
13
And if it crosses the price of 13, which is a strong resistance area, the goals
13.18
13.96
14
14.66
15
16
Important
Rand price areas have strong psychological resistance, such as 14 14.5 15 15.5 16
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your opinion with me.
Trade active:
Link was able to move to Fibo 5. As I said, this area is a strong resistance area and also the downtrend line passes through this area. According to the above analysis, if it passes through this area, we will see the growth of Sharp Link