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klaye060502
Nov 20, 2020 8:15 PM

LINK LINKUSD Chainlink on the verge of price discovery Long

ChainLink / TetherUSBinance

Description

LINK has been a bit of a front runner , making a Technical reversal move up far sooner than many other cryptos. Here, we see that link is clear to $15.5 -$16.25 short term, where a .786 weekly Fib line awaits price action. we may see a technical correction here, but it may only be short lived. As always, failure to breach the .786 fib line can result in a trend reversal that would possibly send LINK downward back twards $10. with the current Crypto sentiment, upward continuation seems more realistic. MACD and RSI support upward continuation as well.
Long term projection of $37.50 target.
Comments
klaye060502
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