🔸Let's take a technical look at LINK, which I have reviewed at the request of a precious friend.
🔸With the ongoing downtrend since May 2021, the product reaches its local bottom in May 2022 and begins the accumulation process.
🔸From May 2022 to October 2023, it lined up candles next to each other in the roughly 5-9 dollar region, as if dancing halay.
🔸After the accumulation process lasted for 17 months, LINK, which started to make investors smile again, got stuck at the first and strong resistance of 16.15.
🔸Our support level below is 12.16.
🔸In this technical analysis, in which I believe LINK will gain value in the new bull rally, I have conveyed to you the levels LINK can reach with Fibonacci.
🔸Especially with prices above 28.63, it will be mentioned a lot.
🔸Thank you for reading, I will make updates from time to time.
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