Technical analysis of link ciphers in weekly timeframes.
(Please also read the previous analysis in the daily time frame). Technical and price action training tips: - The combination of MACD, RSI and CCI indicators is positive. - The volume and average of transactions is satisfactory (especially in recent weeks has been excellent). - The price is closed above the simple moving average line of the middle of the Bollinger Band. - The price is in the upper half of the Bollinger Band. - The price is entering its own cum cloud. - has cut the price of base and canon lines (in Ichimoku indicator) upwards. - The current price valley is composed of the previous higher price valley. - The 553-day uptrend line had good support at the price of $ 15. (Even after the $ 53 price peak and the 74% drop)
Conclusion: The price has tremendous potential to reach $ 34 and $ 37. First Target: 20% Target II K 30%
like always : - Observe capital management. - Observe risk management to Reward.
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