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FieryTrading
Aug 11, 2021 10:31 AM

🔥 LINK Long-Term Bull Trend: Update Long

ChainLink / TetherUSBinance

Description

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Two weeks ago I made an analysis on LINK. Here I argued that LINK was still inside a multi-year bull-trend and that things were about to turn around for this token.



With the market currently behaving exceptionally bullish, I'm expecting LINK to follow the market and go up with time.

First main area of resistance would be the green marked area from $32.5 till $35.5, I'd advise to take some profits around there in case things go south.

Main target for the bounce is $53, potentially higher!

Happy trading!
Comments
ProjectSyndicate
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killing it lately, great work
CobraVanguard
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I like your idea!
KlejdiCuni
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Beautiful chart!
VasilyTrader
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What is your target selection based on?
Petermac84
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@VasilyTrader, Take a look at the chart, its based on the last high high. Follow green box over to the left.
MMBTtrader
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well done
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