Chainlink (LINK): Waiting For Exit Point! / 30% Growth!
2024-12-17
Category: None

Chainlink has made pretty decent upward movement on bigger timeframes, securing fully that support zone.

As we had a 30% move, we are now riding in a small sideways tunnel where we are waiting for a breakout or a breakdown. 

At this point it is hard to say which way we will go from here as there are no further confirmations, but as we mentioned previously, waiting is the key. 

So we wait for either a breakdown or a breakout from local support and resistance zones (sideways tunnels upper and lower lines). As soon as we see any signs of break, we will be looking for a position from there!

Swallow Team 