Chainlink has the buy level at 6.20 which is the resistance turn support. This support level needs to map the upwards markup and another impulse move up. The market has moved up significantly and can tap the resistance at the 6.80 level.

The resistance trendline has broken out for buys and might retest at the trendline retest. 

The retracement level is in confluence with the support level. 

EMA 50 has broken out for buys and has the potential to retest as well. This retest has to be vivid towards the support level. 

RSI is at 70 which needs to be neutralized at the 50 level mark.

6.20 is the buy level

Vasl Capital

Jan 15 2023