Link facing massive resistance on monthly
LINK is facing two areas of monthly resistance and has wicked past the first, it was denied. I still have the weekly and monthly diagonal resistances labeled. The RSI is showing a huge uptick here, there is a bullish divergence noted on the weekly chart as well. I added green arrows to the historical price areas that need to be broken for this thing to really move. I think the token consolidates here for a few more attempts at 15$, and then 17$. There is not much price action until 19.5 after that.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.