Chart in daily of LINK.
After a big pump to 52586 sats, we have a pullback to the 61.8 Fibonacci level around 45000 sats. It’s also the support of Ichimoku cloud (SSB line) on daily. We bounce from this important level, I expect a range between 45000 and 48500 sats.
2 scenarios:
- Price breaks the 48500 sats level = bullish
- Price doesn’t hold the 45000 sats level = bearish
After a big pump to 52586 sats, we have a pullback to the 61.8 Fibonacci level around 45000 sats. It’s also the support of Ichimoku cloud (SSB line) on daily. We bounce from this important level, I expect a range between 45000 and 48500 sats.
2 scenarios:
- Price breaks the 48500 sats level = bullish
- Price doesn’t hold the 45000 sats level = bearish