$LINK Price analysis: BEARISH RETEST DAILY ๐จ๐จ๐จ
Prices are currently retesting the huge support that was broken and had been in place for 245 days!โ ๏ธ [13.200 - 13.500$]
This level now acts as main resistance and will probably play a bearish retest role before a new low!โ ๏ธ
Look at the H4 view and beautiful bearish wedge pattern also!!
Make it simple! follow the trend! ๐
As long as the token price fails to break through the $13,500 level, I won't try to take a long position!
Zooming on the weekly view, it make sense to see a retest of the 10.00$ or even 8.50$! โ๏ธ๐
#Chailink prices usually follow #Bitcoin closely! If you've been following my previous BTC analysis, my main target is the $51,000 - $48,000 zone!
I think this scenario has a good chance of being valid!
THE NEXT FEW DAYS SHOULD BE RED AGAIN!๐จ
Sorry to see that, but I follow my lines. Even if #chainlink is a key project into the #crypto ecosystem, my bearish analysis surely reflects a lack of users on the network.
