LINK-4h. The main fight will take place in the range of 13.2-13.

On 13 December, LINK buyers managed to break out of the local trend of sellers, winning the right to continue the growth.
The next step for buyers is to fix the price above $12.7. On 13 December, buyers tried to break the range of $13.2-13.5. However, such an attack without increased volumes and constant pressure forced buyers to retreat.

At the moment, new forces are forming in the triangle to continue growing. Therefore, to clearly understand the further movement of the LINK price, it is worth waiting for the retest of $13.2-13.5. In order to choose the right scenario, you should closely monitor the struggle in this consolidation range.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!