LINK/USDT - Potential Drop Of 18% !?!

21 בנוב׳ 2023

We're spotting what looks like a double top formation with a neckline yet to be broken! If we see a decisive breakdown below this level, we're likely to witness a slide towards the $12 region, marking an approximate 18% descent. It's a waiting game for now, as a breakdown could open up a short opportunity. However, should there be a surprise shift and we break the resistance above, we could be eyeing new highs.

Swallow Team

22 בנוב׳ 2023

הערה

tested nicely in this zone here but got rejected by support. Currently breaking also that 100EMA, we may see some further attempt to breakdown from here: waiting.

23 בנוב׳ 2023

הערה

Price has had a nice surge to the upper zones, so there are high chances of re-testing the upper zones here. After that We still want to see this target zone of $10.5 to be reached after a breakdown of upper support zone near $13