Hello Traders!

LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase.

If we take the correction of the cryptocurrency index ( Bitcoin ) to $20,000 – $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks.

A suitable price range for asset recruitment in the medium term would be the in the $2.83 – $4.60 zone

We should start the intake of the asset closer to the support level of $2.83, in the range of $2.83 – $3.32.

The profit-taking targets in medium-term purchases will be the price levels of $6.86 and $8.38

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice