LINK is playing under the $25 resistance line as indicated by the chart. Now we have painted a nice bullish engulfing candle which could take us to $25 very fast, but the question is... can we push above that level?
In the immediate period, probably not, I also don't like the bearish divergence we have on the indicators. We seem to struggle here a bit, so if we fall below our support line, then we may get a bit of a cooldown period.
Nevertheless, LINK is a strong coin and when it pumps it simply goes up fast. Best to buy support levels or a breakout from $25.
For now watch this price action, it may get interesting soon.
Like and follow if you liked this idea!
In the immediate period, probably not, I also don't like the bearish divergence we have on the indicators. We seem to struggle here a bit, so if we fall below our support line, then we may get a bit of a cooldown period.
Nevertheless, LINK is a strong coin and when it pumps it simply goes up fast. Best to buy support levels or a breakout from $25.
For now watch this price action, it may get interesting soon.
Like and follow if you liked this idea!
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