The Crypto at the support level gave a bounce back indicating a positive short term move. The pair was able to trade till the resistance zone at this level selling was seen in the pair which has pulled the pair again near its low. If the Pair closes below the Support zone and RSI is near to 40 we can expect the fall to be sharp.

The Pair long term trend is negative and currently the secondary trend is also negative, waiting for a right opportunity to enter short will be the best way to trade in a pair.

Advice : Sell the pair if it closes below the support zone and RSI trading near 40

LNK/USD

KUNAL KAMBLE

Apr 13 2022