LINKUSDT Analysis May 11, 2022

ChainLink / TetherUS BINANCE:LINKUSDT

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We are still Bearish on Chainlink, LINK . No reason for us to use any USD or BTC in a LINK trade right now. The ($11.15) Horizontal Support Area only held for about a week. The new support area around ($7.85) might be stable for a few days. Will we go lower to the ($4.60) range or bounce between these two trend lines for a bit…? Or will we eventually go even further down to the ($4.00) and ($3.00) area? Not Financial Advice…Trade with Confidence and Control.

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