Chainlink price remains contained inside an ascending and broadening wedge pattern. The digital asset reclaimed a key resistance level and aims for a 44% move towards $43. Several indicators show practically no resistance ahead for the bulls. Chainlink price is close to confirming a daily uptrend but still needs to climb above another key level first. The digital asset remains heavily bullish in the long-term and faces almost no barriers on the way up. Chainlink price aims for a 44% move with little opposition Chainlink is contained inside an ascending and broadening wedge pattern on the daily chart. Bulls have successfully defended the lower boundary of this pattern and reclaimed the 26-EMA support level. LINK/USD daily chart The next most important resistance level is the high of March 3 at $31.43. A breakout above this point will confirm a daily uptrend and will likely drive Chainlink price towards the upper trendline at $43. LINK IOMAP chart The In/Out of the Money Around Price (IOMAP) chart shows basically no strong resistance points on the way up but robust support below $29 adding credence to the bullish outlook. LINK/USD 6-hour chart However, on the 6-hour chart, LINK must stay above the 100-SMA level as the TD Sequential indicator has just presented a green ‘8’ candlestick which is often followed by a sell signal. Validation of this call and a breakdown below $29.5 can quickly drive Chainlink price towards $26. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD: Poised to extend its slump towards the 1.1840 mark FX Street 1 year Chainlink price remains contained inside an ascending and broadening wedge pattern. The digital asset reclaimed a key resistance level and aims for a 44% move towards $43. Several indicators show practically no resistance ahead for the bulls. Chainlink price is close to confirming a daily uptrend but still needs to climb above another key level first. The digital asset remains heavily bullish in the long-term and faces almost no barriers on the way up. Chainlink price aims for a 44% move with little opposition Chainlink is contained inside an ascending and broadening wedge pattern on the daily chart. Bulls have… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.