LINK / USDT - Bullish Breakout?
Updated
LINK / USDT is currently trapped between two areas of strong resistance on the 4hr chart.
2.93 - 3.05 on the lower support - shown in blue band
3.56 - 3.64 on the upper resistance - shown in pink band
The last twelve hours have seen it painfully test the upper resistance. If it can break through 3.56 and 3,64 there is very little resistance between this area and the ATH of 4.97, less a small possible resistance at around 3.84 as shown on the bollinger bands on the 1 day chart.
2.93 - 3.05 on the lower support - shown in blue band
3.56 - 3.64 on the upper resistance - shown in pink band
The last twelve hours have seen it painfully test the upper resistance. If it can break through 3.56 and 3,64 there is very little resistance between this area and the ATH of 4.97, less a small possible resistance at around 3.84 as shown on the bollinger bands on the 1 day chart.
Trade active
Trade active
LINK is now at the resistance zone, you can see where it is being cautious. We really need to see it break that 3.56 - 3.64 resistance zone to have a faily clear run to the previous ATH. Worth also watching the pair LINK / BTC as LINK is also showing strength there which is a good sign!
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