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Jun 8, 2022 4:28 PM

LINKUSDT Analysis June 8, 2022 Long

ChainLink / TetherUSBinance

Description

We've become Bullish on Chainlink, LINK, and we also have an announcement with an updated roadmap with staking included. The support area around ($7.85) has been stable for almost a month; similar to Bitcoin's ($29,000 - $31,000) range. Will we go lower to the ($4.60) range or blast off in the next couple weeks? We are still below both the Daily and Weekly Downtrend Lines (Bearish) but we did get two Buy signals from the Engineer (Bullish) and Open/Close above the Support Line of ($7.85). We've included potential profit taking levels for the way up. If history repeats itself, Chainlink likes to start and stop Bull Markets...!!! Not Financial Advice...Trade with Confidence and Control.
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