ChainlinkLong
UPDATE: CHAINLINK RETESTING PREVIOUS RESISTANCE? STIMULUS BOOST?
*NOTE: Last time Chainlink traded in this area we saw a major bullish rally. USA to see second stimulus in the near future?
*Bullish Divergence, MACD still crossed over, RSI showing buy power*
Previously, Chainlink entered the demand zone which led to its key retest of the $11 area (more/less) and is showing recent support of $9. With that being said, we must speculate that the price will now retest the next $13 area (more/less) and if we break the supply zone we can see a new bullish rally to retest major ATH of $20 and beyond. Good luck traders.
*Bullish Divergence, MACD still crossed over, RSI showing buy power*
Previously, Chainlink entered the demand zone which led to its key retest of the $11 area (more/less) and is showing recent support of $9. With that being said, we must speculate that the price will now retest the next $13 area (more/less) and if we break the supply zone we can see a new bullish rally to retest major ATH of $20 and beyond. Good luck traders.
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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.