LINKUSDT Daily: 18/02/2023: Is it time to break the range?

As you can see, the price is on the range for a long time and obviously, there is huge liquidity on both sides of this range.

Now the price just touched important resistance that can push the price down and then on the demand zone it can rise.

As a first target, we can define 9.7 (exactly above the liquidity pool)

💥Important note: If the price can not maintain above the demand zone, we can expect the price to go lower to collect the liquidity pool below the range.💥


💡Wait for the update!
🗓️18/02/2023
🔎 DYOR

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Comment:

As you can see, the price increased after hitting the demand zone.

The efficiency of this analysis: more than a 12% increase.

Cheers 🍻