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Technical analysis by RejaA about Symbol LINK on 1/9/2021

https://sahmeto.com/message/2528702
RejaA
RejaA
Rank: 10339
1.5
،Technical،RejaA

Chainlink is trying to break trough the resistance level. If it breaks it it can go sky high. LINKBTC looks very bullish in my opinion, so I think we will break it rather sooner than later. If bitcoin finally corrects, LINK price would probably go down with it and stop at major support level marked on the chart, which had been tested few times now. In any case, if we see a breakout immediately I'm bullish on link, if we see a correction we are forming a rising wedge and still have a bullish target.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$4,358
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