Chainlink (LINK): Possible Movement To $27.0

Chainlink has had a good BOS on smaller timeframes, where buyers took back control over the 100 EMA (4h timeframe) and now we might see the start of a trend reversal that will lead the price to the $27 area.

What concerns us here is the 2 bearish CME gaps, where one of them is sitting at 200 EMA (which would be an ideal buy entry on its own). So we keep an eye on them just in case sellers decide to pressure more and buyers lose control; then 200 EMA would be our next buy area.

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