P_S_trade

Link 1D Global forecast for several months, but must be read)

P_S_trade Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Today we bring to your attention an overview of the LINKUSDT pair and possible scenarios for the future.

After the $53 high, there was a crypto market drain in May, which plummeted the LINK price by -70% to $15.00. The strait was so strong that the previous high of about $20 didn’t even stop the price drop.
In June 2021, a drop confirmed that there is a group of buyers willing to buy LINK at $15.00.

In recent days, sellers pushed the price of LINKUSD below $15.00 to $13.50, but this happened on weak volumes. That is, the stops of those who gained $15.00 were not affected. Or at $15 was bought by investors who enter the position with a grid from strong levels and without stops, with expectations that there is a strong growth ahead?

For this assumption to be confirmed, buyers should not let the price drop below $12-13.
It is there that the intersection of a strong level and a dynamic channel is located, from which, according to history, growth began earlier.

The growth path can be of two types:
1) Recoilless (white) with top target about $34
2) With corrections (blue): $13 — ($18.5-19.50) — $14 — ($24.50-26)
Here it will be necessary to follow the market, what dynamics it will move

If the BTC price continues to drop below $28,000, then it is very doubtful that the Linkchain token price will be kept in the $ 12-13 zone.
Below this zone, the target for long buying is $8.20-8.80
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