‼️‼️ANALYSIS #LINK 21/05 19:42 ‼️ (posting again, I think it wasn't delivering).
Here’s the thing: LINK is a project with a lot of value, strong partnerships, it has fundamentals, it has real use. But the problem is the token… It doesn’t have a burn system, and this ends up making the supply VERY VERY HIGH. Besides that, there are a lot of people who hold a good portion of the tokens, which also somewhat hinders movement.
So, we got in at a VERY good price, good entries, and that’s what matters now. Our focus is to catch the RECOVERY movement within the security it offers. If it breaks the top, great! If not, we are already making gains with the returns it always delivers. GOT IT???
———— NOTE 🥷
🟢 If it consolidates above 17, we can confirm a good bullish cycle.
REMEMBERING AND UPDATING:,
🥊 SUPPORT: 12.3 | 14.5
🔴 RESISTANCE: 16.5 | 17.4 | 18.4
🟢 ENTRY: 12.6 ✅ (already happened) - 10.5 ✅ (already happened) - 9.8 (caught at 10)
🚀 PARTIAL: 15 (reached) ✅ | 17 (reached) ✅ | 20
🔥TARGET POINT 1 : 24 | 30 (medium term)
🔥 TARGET POINT 2 : 58 (long term)
‼️‼️MEDIUM AND LONG TERM OPERATION
Can I enter now?! If the price returns to 14-15, it will guarantee you a larger margin for the asset to work, without taking you out on a stop.