Link does look ok, but not as good as many other coins.
If we hold the blue level, we will pump towards the next bullish targets. Breaking it will mean a dump to the green levels.
The current chart shows the most important Fibonacci targets.
Grey: Resistance/support, decisive prices. A dump/pump can happen at these levels, but is not a main target
Red: Main target to take profits or potentially enter shorts
Green: Buy or rebounce expected
Red box: resitance are, mainly caused by the 1.618-1.65 fib level
Green box: Support level, mainly 0.618-0.65 fib
Breaking each target gets us to the next one.
If we hold the blue level, we will pump towards the next bullish targets. Breaking it will mean a dump to the green levels.
The current chart shows the most important Fibonacci targets.
Grey: Resistance/support, decisive prices. A dump/pump can happen at these levels, but is not a main target
Red: Main target to take profits or potentially enter shorts
Green: Buy or rebounce expected
Red box: resitance are, mainly caused by the 1.618-1.65 fib level
Green box: Support level, mainly 0.618-0.65 fib
Breaking each target gets us to the next one.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.