Good Position for ChainLink - USDT

2022年1月10日

Technical analysis of link ciphers in weekly timeframes.

(Please also read the previous analysis in the daily time frame).
Technical and price action training tips:
- The combination of MACD, RSI and CCI indicators is positive.
- The volume and average of transactions is satisfactory (especially in recent weeks has been excellent).
- The price is closed above the simple moving average line of the middle of the Bollinger Band.
- The price is in the upper half of the Bollinger Band.
- The price is entering its own cum cloud.
- has cut the price of base and canon lines (in Ichimoku indicator) upwards.
- The current price valley is composed of the previous higher price valley.
- The 553-day uptrend line had good support at the price of $ 15. (Even after the $ 53 price peak and the 74% drop)

Conclusion: The price has tremendous potential to reach $ 34 and $ 37.
First Target: 20%
Target II K 30%

like always :
- Observe capital management.
- Observe risk management to Reward.

Good luck and profitable.