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LINKUSD Next Targets After Pullback

Long

ChainLink / TetherUS (BINANCE:LINKUSDT)

BINANCE:LINKUSDT ChainLink / TetherUS

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supportandresistance trendline beyondta linkusd linkusdt easyloot easylootcrypto

LINK broke previous ATH and has created new fib levels that will hit after a minor pullback.

Chainlink on the Daily Time frame

Taking a look at the daily timeframe , LINK is having a hard time trying to make higher highs after wicking the 0.618 Fib level. From here, I can see LINK consolidating in the $21 - $24 range before moving up. It is very volatile right now after making higher highs earlier in the month.

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Comments

Is there a reason you put the fib extension on that high/low instead of the more recent high/low? Is it because that is the one that broke out above the previous all time high?

WhiskeyDeltaBravo

@WhiskeyDeltaBravo, Yeah the reason is because the one that I marked is the swing high / was the local high at the time that broke out above the previous all time high created in the summer

Wonderful Chart!

AdamEiseman

@AdamEiseman, Thanks adam

You are on the mark, I support you.

abel11

@abel11, Thank you lets go lets go

waiting for the space flight).

Yuriy_Bishko

@Yuriy_Bishko, about to blast off

Thank you.

Christuanjonkar

@Christuanjonkar, Cheers