CoinsightGhost

Chainlink Potential Move upwards

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CoinsightGhost Uppdaterad   
BINANCE:LINKBTC   ChainLink / Bitcoin
Chainlink (LINK) could potentially setting up for a move upwards. Looking at the chart .00009 is an area that has been resistance and support numerous times since November. While technically it is bearish to see price fall below this level, then bounce back and find resistance there, it has held a pretty solid floor around the .0008 area, and seems to be continue testing the .00009 area, and just broke through it. This will be very bullish if it is able to refind support at this level as resistance to become support is typically very bullish. So this is an area I would watch closely for a signal of a potential move. LINK/ETH chart also shows price sitting at a key resistance level as well.

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Well didnt this play out nicely...
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