- LINK price is currently at $16.3 after a healthy pullback and consolidation period.
- Bulls have defended the daily 12-EMA three times in a row.
ChainLink price dropped from its peak of $20, however, buyers are not necessarily scared just yet as this seems to be a healthy consolidation period. Trading volume is dropping indicating that perhaps a bounce is already on its way.
LINK/USD daily chart
The daily RSI has cooled off significantly from 86 points to around 66 currently. LINK price has bounced twice from $14.69 and bulls have defended the 12-EMA. It’s important to note that the last low is all the way down at $12, which means that anything above this support level is considered a higher low and a continuation of the daily uptrend.
The MACD is on the verge of a bear cross for the first time since August 3 but could shift in favor of the bulls again if they can see a breakout above $17 in the next few hours.
Reprinted from fxstreet , the copyrights all reserved by the original author.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.