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UltimateCryptoTrader
Jun 23, 2021 11:21 AM

ChanLink: The current fight between bulls and bears. 

ChainLink / TetherUSBinance

Description

ChainLink is trying to break the current trend line, which indicates a relatively strong down trend.

Apart from TL, the current price is reflected in resistance and Fibonacci level 0.382.

On the other hand, when the price falls, the price hits the Pivot Point R1.

At the moment, the fight between bulls and bears is in full swing, without a doubt.

Price action in lower time frames will help us estimate the direction in which the market will move in the coming hours.
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