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
LINK has given a breakout from symmetrical triangle pattern in 1H timeframe for a target of 28.25 in the short term. Let's see how the view holds. Disclaimer: - These views are for educational purpose only and not a recommendation.
Chainlink is consolidating in a symmetrical triangle pattern and waiting for a breakout/breakdown. Let's see what happens.
Hello from Argentina, It said that institutional BTC purchases don't affect BTC price on the open market, I would imagine that this can only be done to a certain extent, there must be a point when institutional buyer will not be able to keep purchasing BTC without spiking open market BTC price; when do you guys think this will be??? On the other hand, let's...