LINKUSDT Potential to 22.3 USDT Short Term
There is potential for LINKUSDT to increase to the Yellow Basis minimum in the 2d timeframe seeing that the Green Line is already above the 50 level. The Yellow Basis is currently at 22.3 USDT.
After this, do expect a potential short pullback soon against BTC as the LINKBTC pair is quite overextended at the moment.
Green Line is well above the White Energy in the 4h and 8h timeframes, indicating upward pressure. However the Green Line could quickly turn down within the next 2 or 3 8h candles with the White Energy dropping below the 50 level. Potential pullback target against BTC would be around the 0.00058 level minimum after this run up, with the White Upper BB for both timeframes acting as first support for the pullback.
After this, do expect a potential short pullback soon against BTC as the LINKBTC pair is quite overextended at the moment.
Green Line is well above the White Energy in the 4h and 8h timeframes, indicating upward pressure. However the Green Line could quickly turn down within the next 2 or 3 8h candles with the White Energy dropping below the 50 level. Potential pullback target against BTC would be around the 0.00058 level minimum after this run up, with the White Upper BB for both timeframes acting as first support for the pullback.
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