$LINK : Analysis + Signal đšđž
1. This past week, LINK made an awesome move from the range lows as news came out
about LINK completing important partnerships for RWA related programs with the
DTCC and 10 other firms.
2. We did break the yearly open on those news. This coming week could see a full breakout
fo this range and a return to previous highs as LINK continues to push.
3. For a long position, look for a small dip to long. This will be a good opportunity to grab
some before a continued push out of the range. Once LINK breaks $16.85, price will
move towards previous levels at $17.60 and $18.50.
4. For a short position, look for this move to start fading and potentially return to the yearly
open at $14.942. A breakdown of $15.60 is ideal to make a move to the yearly open. As
price accepts, good targets are $14.94 and $14.25.
