ChainLink (LINKUSDT) Ascending Channel + Target

3 thg 12, 2020

ChainLink (LINKUSDT) has been moving within a perfect ascending channel since its correction ended back in late September.

Slow and steady growth is a signal of strength.

As long as LINKUSDT stays within this channel, we can expect its price to continue to increase.

The first target is sitting at 16.39.
The main target is at 20.11.

As support levels, we have 12.70 or EMA50, followed by the last low at 11.29 and then MA200 at 9.67.

We do not trade this type of chart, we prefer low risk and high potential rewards.

Thanks for reading.

Namaste.