After the bulls lost the $25.75 level, selling pressure increased. As a result, the LINK fell to a 14-month low on January 24. However, the bulls finally appeared at the $11.3 level, and the alt has gained more than 50% since then. Bullish Scenario: LINK broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone...
On the Monthly timeframe, Chainlink #LINKUSD is attempting a breakout. For any further upside continuation, it needs to breakout of the upper resistance line, retest it and then continue.
chainlink is on of the biggest blockchain crypto which is still undervalued i think chainlink can give huge returns in upcoming two months chainlink is sitting at 3 year old trendline which is never broken i think its good time to buy not financial advise do your own research chart information r 1 Red line is stop loss 2 Green line is buying zone 3 blue...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (23.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Chainlink forming like a falling wedge, if we BREAKOUT then will be arround 50usd..!!
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (28.18). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Based on Chainlink's volatility percentiles, when the value is above 70% it indicates a distribution phase. This coincides with the time when Chainlink's price increases. This bullish trend is followed by a correction and the cycle resets before starting with the distribution again. The current volatility percentile signals that this may be the best time to...