Intraday: rebound towards 11.46

#LINK may rise 0.45 0.65 USD

Our preference

Rebound towards 11.46.

11.6600 Resistance***

11.4600 Resistance**

11.2600 Resistance*

10.8100 Last

10.3500 Pivot

10.3500 Support*

10.0200 Support**

9.82000 Support***

...

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10.96 and 11.62).

Alternative scenario

The downside breakout of 10.35 would call for 10.02 and 9.82.