LINK - 4h. The previous target of $28-29 is relevant

3 февр. 2021 г.

After a strong corrective wave of fall, which began on January 25 in the LINK market, the price moved to local consolidation. Sellers managed to lower the price below the trend line, but this did not result in a sharp drop in prices. As a result, the growth trend in the LINKUSDT market has changed its angle.

Buyers are now trying to consolidate above the range of $24-24.5 . Successful consolidation of buyers above this range will open the way for buyers to the range of $28-29. We wrote about this goal in our previous LINK idea:

An alternative scenario will take effect if sellers can lower the LINK price below $24-24.5. In this case, we will expect the price to fall to the bottom trend line of the growth channel (mark $22.7)
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!