TheCryptagon

LINKUSD Is it finally moving?

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BINANCE:LINKUSD   ChainLink
Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October.

We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500.

In the same sense, below Support A, we turn to selling with 5.7000 our Target.


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