LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKUSDT
Based on our previous analysis on August 16, we predicted a falling trend and at the moment you see that one of our targets is hit. Here we have R1 as the resistance area that represents the price was not able to rise at some points. And S1 is our support area which includes the support of the price since the past. So here we have the price fluctuating below R1 and it is expected that it will rise to R1. By reaching here and giving some confirmation candles to fall, we believe it will be rejected and start its decline toward S1. When this happens, the rights shoulder of our pattern is completed. In case the price fixes over R1, then more rise will be waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
