#LINK/USDT
2024-08-07

#LINK

The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it to a large extent

We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it

We have a major support level in green at a price of 8

We have a trend to stabilize above the moving average 100, which supports the rise

Entry price 9.40
First target 11.32
Second target 12.63
Third target 13.86