LINKUSD 4HR Update

LINKUSD has bounced off of a critical area and is looking to break out of a descending parallel channel and reclaim the 55EMA. If we can do that I will be bullish. As it sits I am neutral until the reclamation happens. If BTC can behave and start to range between 36/38k then it should be time for LINK to make back its' gains of the last week.
4hrchart55emabreakoutDescending ChannelTechnical IndicatorsLINKUSDTrend Analysis

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