LINK Bullish Trading Scenario

Here on LINK we can see two interesting things from a technical perspective.

First of all we can see the two important zones, being the support zone here that also acted as resistance earlier on (S/R flip) and the resistance zone that comes back from a long time ago earlier on the chart.

Second of all, we see a confirmed bullish RSI divergence where the price made a lower low, but the RSI made a higher low. This is a bullish signal.

I will suggest a LONG position here on LINK, after confirmation of both the divergence and the support zone (confluence)

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!