Link USD upside move possibleLink USD upside move possible
Buying above the 6.4431
Stoploss 6.0801
Target 7.6666
Key stats
About Chainlink
Based on the Ethereum network, Chainlink acts as an intermediary between non-blockchain businesses and blockchain platforms, which allows smart contracts to connect with real-world external data. Its LINK token is how network operators are paid and is also used as collateral in the network’s smart contracts. It’s also an open-source project, which means that anyone can contribute and suggest improvements to the network.
Linkusd signalstoo many confirmation are here for taking buy entry:
1: channel pattern breakout
2: last resistance break
3: solid confirmation with bullish candle
Link USD down side movement possibleLink USD down side movement possible
Selling below the 7.9632384
Stoploss 8.4885910
Target 5.2392517
Chainlink( LINK) looks good for more upside after retracement. 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 low
LINKUSD long trade buy set-upLinkusd is on support line of falling wedge. We can expect a impulsive move if the coin breaks the consolidation near support line of falling wedge...
LINK USD LongLong LINK looks to be it would test the HH
Target 35-36 USD
SL: 23.4 USD
Trend continuation
ChainLINK at monthly resistance 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.
LINKUSDChainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network.
Crypto currency technical strategyits for education purpose of the crypto currency technical aspects of the crypto
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