My prediction for LINKUSDT.P is that the price will climb up to 18.337.
I observed three different zones based on the past data in the 1D chart that might possibly cause some reactions during the uptrend.
Our perfect entry point would be where we see that the price bounces back up after it drops down to the point where the bottom trend line and the bottom line of Zone 3 converge, thus confirming that Zone 3 is still valid to this date.
Even if they don't coverge perfectly like we wish them to be, if we see the price bouncing back up after reaching the bottom line of Zone 3, this would be a valid entry point.
Same goes for the Zone 2 and Zone 1:
if we see the price bouncing back up after reaching the bottom line of each zone, this will be our entry point.
If the bottom line of each zone and the bottom trend line converge, this would make a perfect entry point.
These are another good examples of valid entry point.
I observed three different zones based on the past data in the 1D chart that might possibly cause some reactions during the uptrend.
Our perfect entry point would be where we see that the price bounces back up after it drops down to the point where the bottom trend line and the bottom line of Zone 3 converge, thus confirming that Zone 3 is still valid to this date.
Even if they don't coverge perfectly like we wish them to be, if we see the price bouncing back up after reaching the bottom line of Zone 3, this would be a valid entry point.
Same goes for the Zone 2 and Zone 1:
if we see the price bouncing back up after reaching the bottom line of each zone, this will be our entry point.
If the bottom line of each zone and the bottom trend line converge, this would make a perfect entry point.
These are another good examples of valid entry point.
Note
We have confirmed that Zone 2 and 3 are still valid.
14.717 would've been a great entry price.
Note
Note
This is a really sweet spot to enter only if we can confirm the rebound.
The price has dropped close to the bottom trend line and has reached the bottom line of the zone, which makes a great sign of possible bullish movement in a near future.
Note
I'd like to adjust my target: I think the price of 18.075 is more reasonable (and safer) target because we often see the price reacting to the most recent highest close which may end up with a downfall without actually reaching the most recent high.
Also because the most recent highest close (which is the price of 18.075) is within the final zone and is closer to the top line of the zone than our original target, I think it's safer to adjust our target accordingly.
God bless you :)
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.
God bless you :)
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.