Bearish:
Breaking down the diagonal line means it could retest support at around 10,000. A break into 10k, means that it has confirmed to have broken last LINK bull run and price could quickly decrease even more.
Bullish:
1st Level: 12500
2nd Level: 13250
3rd Level: 15800
Above 15800, Link will continue to follow its bull run.
Breaking down the diagonal line means it could retest support at around 10,000. A break into 10k, means that it has confirmed to have broken last LINK bull run and price could quickly decrease even more.
Bullish:
1st Level: 12500
2nd Level: 13250
3rd Level: 15800
Above 15800, Link will continue to follow its bull run.
Note
Uptrend line broken down.Wait for the following levels:
Support: Re-bounce at 10,000-10,350
Resistance: A break-up of 12,500
Note
EDIT-FIX from previous comment:*Resistance: A break-up of 13,250
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.