Chainlink $5.50-$5.80 is still the buy zone for now.
CHAINLINK $5.50-$5.80 is still the long zone.
After heavy movement earlier in the month due to staking. LINK has seen a harsh fall from the $9.50 highs.
Although a big movement back towards the lower end of the range, a nice 7% bounce from the most recent low yesterday and is now trading back within this parallel channel. Expecting expansion back towards $6.40 for the time being.
For now this ig level at $5.50-5.80 seems the best area to long until its not no more. Heavy bounces off this area in the past few month, im long from $5.72 yesterday ill wait for the reaction at $6.40 to see where we go from there.
After heavy movement earlier in the month due to staking. LINK has seen a harsh fall from the $9.50 highs.
Although a big movement back towards the lower end of the range, a nice 7% bounce from the most recent low yesterday and is now trading back within this parallel channel. Expecting expansion back towards $6.40 for the time being.
For now this ig level at $5.50-5.80 seems the best area to long until its not no more. Heavy bounces off this area in the past few month, im long from $5.72 yesterday ill wait for the reaction at $6.40 to see where we go from there.