HEY ,SUP GUYS and Girls !
Welcome to my new analysis today ,
Since November 21 Jan 2022 , that I updated ChainLink ,It has been declining till now, I expected a massive drop, if the channel breakout happen and we saw in previous analysis that it lost both dynamic ascending trendline and support zone one after one ,
So today ,although linkusdt managed itself on a volume gap zone but it's not a strong zone , and as the increase of volume shows us a huge selling pressure , thus it can fall on the lower support or even demand zone in the next few weeks ahead , but in order to have any bullish scenario it should be able to break out the descending trend-lines one after another , and then can reaches the higher resistance zone as its next target in the mid-term .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
Welcome to my new analysis today ,
Since November 21 Jan 2022 , that I updated ChainLink ,It has been declining till now, I expected a massive drop, if the channel breakout happen and we saw in previous analysis that it lost both dynamic ascending trendline and support zone one after one ,
So today ,although linkusdt managed itself on a volume gap zone but it's not a strong zone , and as the increase of volume shows us a huge selling pressure , thus it can fall on the lower support or even demand zone in the next few weeks ahead , but in order to have any bullish scenario it should be able to break out the descending trend-lines one after another , and then can reaches the higher resistance zone as its next target in the mid-term .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
