As we continue to move up with LINK, here are a few levels that will likely see some resistance. To make it easy to remember, $12 (orange line) will likely have minor resistance, and our local top of $12.85- $13.00 (red line) will likely be much stronger. If our weekly Stochastic can stay strong, rise up, and give us enough momentum, we can blow through both of these. If Bitcoin starts to sharply retrace, it could be tough to continue to move up in the short term (next few weeks). More Chainlink updates next week! (chainlink wednesdays)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.