Update of analysis of change of higher development time structure

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String chain It has been one of the main winners: Within the first 25 – In recent days, as liquidity has begun to flow to the AltCoin market after Bitcoin’s rebound.

In a Previous item I wrote to ChainlinkI mentioned that it could be prepared for a possible manifestation of the November lows. From now on, we are more than 30% since the publication of this piece.

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Like many altcoins, the weekly graphics for most still do not seem excellent and remain in a bass structure. The link is included in this list, but with the recent strength we have seen, we can begin to monitor the key levels to get an idea of ​​whether this impulse can continue in the short or medium term.

Key levels to control:

• With the rebound on the 2023 trend line, highlighted in a previous itemThe Daily Graphic has changed to a more upward position, breaking over the above highs. Key pricing levels to control as a support are $ 13.10 and $ 14.03, as both levels were a previous resistance that have now been broken.

• In the daily graph, Link has addressed a key level, similar to many altcoins. This level is the $ 15.20 -15.90 rank, which represents a rate that was violently rejected, causing Link to make a new low bass.

• If the link shows a strong one above the range mentioned above, the next crucial level can bring -but probably the resistance to the face is the level of $ 18.25. This was the last point where Link had a rally before continuing to go down to the weekly graph.

Like all altcoins, narratives can change rapidly, but searching for the foundations of the Altcoins can give you a slight advantage. Understanding the case of project use, technology and market potential, you can detect altcoins that may have a strong long -term growth (alpha), instead of following the ups and downs of the market like most altcoins (high beta). This can help you to enter the Altcoins that are more likely to overcome, instead of reacting to the feeling of the market.

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In the short term, it provides for a decline to many high schools and even Bitcoin after the recent manifestation. These types of receding are often needed for a healthy tendency, allowing the market to restore and agitate the weakest hands before continuing above.