LINK MARKET UPDATELINK and LINKBTC are both now trading with indecisive candles which is normal in a weekend though Bitcoin will dictate the next move.
The weekly transition will also be important today!
The Daily falling wedge formation is there in LINKBTC a successful bullish breakout of that will result in a rally in LINK 🔑
**⚠️ On the daily timeframe, $16.00 is the main WZRD resistance here, a successful bullish breakout of that resistance will result in a rally towards $19.50 and higher 📈 A move below $12.80 support can push the market down though I expect LINK to hold this support unless Bitcoin moves towards $73,000 support 📉**
For now, my focus will be on the intraday chart today to get the next trade opportunity.
During the weekly transition, we should see more volatility today.
**Intraday:**
The intraday chart is now moving sideways.
🔮 **A pullback towards $14.60 (POI) resistance and then a reversal will trigger as short towards $13.60 and lower. A bearish move below $13.60 and holding can trigger short too though I am interested in getting a better chart setup today - Blue WZRD Projection 🚀 **
We now need to wait for the market to get the next mature trade setup.
**Follow the WZRD Projection 🎯**
@everyone