After moving in a parallel channel for the last few days, LINK is now waiting for a breakout. Enter after breakout for confirmation. Educational purpose only - trade at your own risk. Good luck.
Chainlink Trend Channel, Support, and Resistance Squeeze momentum indicates low momentum, decreasing volatility, and shorter red bars. Recently tested the previous Resistance making it a new Support. Possibly a good opportunity for a LONG position!
moving averages being tested . now getting ready for next move up and next all time high
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 (44.440). . if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LINKUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Things to Note: 1. Bullish Market Structure- Printing HH and HL 2. Price forming an Ascending triangle pattern 3. Volume is low atm but it should expand at the BO P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
Link is supported well at horizontal demad zone Have cloud Support and MA50 support too Consolidating volume showing growth prospects I have depicted the journey of link to 35 in weeks or months with support and resistance in this chart. Follow it
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...
Accumulation within the symmetrical triangle. My feeling refers to the idea of a strong rise for the next few days, but if the break in this pattern goes down, the bullish study is not feasible!
Chainlink price traded at $28.55 with a loss of 2.86% in the last 24-hour and 4.15% up in the weekly time-frame. In contrast, the market capitalization stands at $11.858 billion. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $30.25 . Resistance: $30.25 Support: $26.50