#LINK between resistance and support. After reaching support, it started to rally and is now trading near $7.2. We expect growth to continue until resistance.

#Chainlink has been quietly building during this bear market.

💥As evidenced by the increasing number of active developers working on the #LINK project seen in the illustration.

💥Despite market uncertainty, the developer activity on #LINK remains strong

#LINK is just above the $6.46-$6.30 support range. If the price drops to the support again, the probability of short selling will be very high and the next support area is $5.72-$5.54.

#LINK / USDT - Long

Leverage : 10X

Entry : 7.801

Targets : 7.910 - 8.060 - 8.300 $

Stop Loss : 7.710 $

Exchange : #Binance

#LINK - Long

Leverage : 5X

Entry : 7.360$

Targets : 7.680 - 8.150 $

Stop Loss : 7.090 $

Exchange : #Binance

The price of the #LINK reached the support level of $6.30 and was well supported from there. It also formed a harmonic pattern, and after breaking the downward trend line in the 4-hour TF and retesting it, an upward trend line was formed. We expect the price to rise again to $8.30 .

#LINK price has reached the uptrend line or dynamic support. It has not grown much, but it has made good bullish candles, which shows that it has growth potential. We expect the price to grow again to $8.30.

#LINK breakout the downtrend line. It broke the $6.400 - $6.500 resistance and retested it, the next resistance area is $7.640 - $7.760.

The price of the #LINK has fallen to the support zone, if the price breaks this zone, the next important support is the $6.500 level.

The price of #LINK broke the formed pattern and tested it again. Given the strong uptrend, we can expect the price to grow to $30.80

After reaching the support level of $16.5 - $17.7 and forming an ascending harmonic pattern, the #LINK price was pumped and reached the resistance level of $20.60 - $21.58 . If the resistance level is broken, the first target will be $24.0.

The price of the #LINK has reached the support level of $16.2 - $17.5 and the bottom of the ascending channel. If the support is maintained, the price can pump to the top of the channel again.

#LINK

The price moves in an ascending channel in the 4-hour TF . After the price reached the top of the channel and fell to the bottom of the channel and reached the support level of $16.2 - $17.5 , it started to grow and the growth can continue until the price of $22.5 .

The price of the #LINK is in the bearish channel, but the downward trend is weakening and the price can easily grow up to the ceiling of the channel and then break it and reach the resistance level of $16.200-$17.500.
The main support is $12.860-$11.840.

#LINK reached the support level of $11.830-$12.500 after forming a downward harmonic pattern and falling more than 40%. At first, it had an unsuccessful break from this level and decreased to the bottom of the downward channel, and then recovered again.

#LINK/USDT has now broken the descending channel and is out of it. The probability of the price returning to the support level of $21.630-22.850 is very high.

But if the price can not continue to grow above the broken dynamic resistance level and re-enter the channel, it will descend to the bottom of the channel.

#LINK/USDT

Entry: $23.46/$20.42

Targets:
TP1: $25.849
TP2: $27.341
TP3: $30.112

Use 3% of portfolio.