Briefly about the #Link asset
Now the price is traded in the area of $ 23.224, after a smooth decline from the local maximum $ 23.506. Against the background of reduced volatility, the asset is still holding over support.
🕯 In the near future, the zone is of $ 22.300 - $ 23.200. If buyers hold it and pushing the price above $ 24,000, this will open the way to $ 26,000, and when the pulse is continuing, $ 28,000 in the area $ 27.500.
If the sellers' pressure intensifies and the asset breaks below $ 22.300, it is likely to decrease $ 20,000 to $ 20,000, with a potential liquidity derction of $ 18,000 and deeper.
📌 The main zones are now $ 23.200 and $ 24,000. The reaction to them will tell you whether the market is ready for a turn up or let's go to reduction.
Remember, the market is unpredictable! But, I showed you more likely scenarios.
Post #2285
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