On Daily charts inverted head and shoulders pattern formed, in my opinion this is bottom for short term, Can buy with Bottom as stop loss and can build long positions .
Next stop may be 10$ USDT. Let us see what will happen. It is not an investment advice.
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00110). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which...
This is my personal opinion and observation. it is not financial advice..
-LINK/USDT is forming Bull Flag/Channel. - Volume is following the Bull Flag/Channel decreasing volume with Price which indicates Moderately Bullish & weakening downtrend. - Sell Pressure is good bulls waiting for bears to exhaust. - RSI is giving early sign of breakout but for confirmation we need candle close. - If this pattern plays out and it break out,...
for more than a week link/usdt on 4h chart following a trend line as i indicated here with a black lines ...several supports and resistances but this time the scenario is different where i can see a super strong support level with double bottom at 0.9380 trend line level along with Fibonacci great support on 0.61 level.these three supports trend line,double...
Technical analysis: . ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. . While the price uptrend in the Daily chart is not broken, bullish wave in price would continue . Trading suggestion: . There is a possibility of temporary...