Chainlink (LINK): Re-Test Was Successful

Chainlink had made a nice re-test (successful one) after that massive breakdown from upper zones.

We are now keeping an eye on that second re-test to that same 200EMA which could lead to further pressure and a movement to lower zones as well!

Swallow Team

Comment:

Chainlink confirmed that rejection from 200EMA, and now we are spotting a high potential to reach that lower blue line (which we intend to see break).

Comment:

Chainlink is reached the first zone of struggle after a nice rejection from 200EMA on upper zones.

We are not monitoring for price action here but as long as we are below 200EMA our plan is not changing!

Swallow Team

Comment:

Chainlink has fully secured that 200EMA after rejection and has so far moved steadily towards lower support zone.

✅ We got +6.60% of marketprice movement