Decodingthemarket

#chainlink Getting Ready to Rest the ATH Again

BINANCE:LINKUSDT   ChainLink / TetherUS
1- In the last 6 days the price has been at a confluence level between the 200MA (Blue Line) between buyers and sellers
2- if the price can stay above the dotted green line and manages to break above 27.34
I will be totally optimistic for Q1
keeping in mind that the price may close above the 30.71 level or orange descending trend line and regain proven support to continue the uptrend
3- Potential Target may happend only if RSI Can reach 87.89 level in the histogram
I'll keep an eye out for this level
(Orange descending trend line)
KEEP IN MIND
if price fail to manage to maintain above 200MA Price will may retesting the 3 dotted blue lines as a strong support otherwise....
well.... I will see you when happend

NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market
NFA
PLEASE, DYOR/MYOD!!

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