LINKUSDT major support, resistance and trend line
Currently the link has broken out and the price may test 200 MA.
Long after bounce and short if it retracts below 200 MA to the next available support.
1/ Chainlink price might be setting up an equal low, which could be a potential bottom in formation.
2/ On the other hand, we might get a sweep of the lows, which is also a step that forms a potential bottom.
If 1 or 2 does occur, it's an indication of a shift in trend to the upside.
Personally, waiting for confirmation after a close above $28.70.
As...