Chainlink bounced off the top of the Resistance Zone at $20.00 and is threatening to break out. Is this a situation that calls for a long or a short?
How do we trade this? 🤔
Never long in a Resistance Zone! But also, don't short prematurely. I believe LINK will make an attempt to break out of the Resistance Zone, but we need confirmation of the break before we...
💎 There is a bullish divergence in the MACD indicator. This discrepancy suggests a weakening of the downtrend momentum and a possible trend reversal.
💎 We have seen a break of structure following the previous downtrend. This break indicates a shift in market sentiment, potentially leading to a bullish phase.
💎The current price of LINK is situated within a high...
BINANCE:LINKUSDT
The price on the bottom of the price channel reacts well
And now the price is falling again close to the bottom of the canal
And you can shop near or even on the canal floor
And make a profit up to the Fibonacci level of 1.272
LINKUSDT
The price is in addition to being at the bottom of the canal
A pattern for my double bot is being completed
Who was able to break the neckline and if the canal is high
Close the neckline to grow well to the midline
It comes with
Hello all, Chainlink is currently sitting above some could call our middle trend line. The last three times Link came back down to middle trend line, it wicked below it and held it. This is our current position and this triple touch (at minimum) is showing the bullish momentum of this coin. I see its next stop to be testing the top trend line for further breakout...
Like I said in the title, it is time to buy some $LINK. Grayscale announced today that they are launching an ChainLink investment trust. Link has been lagging behind other ALTs recently and I think this is the boost it needed. We have a confirmed breakout with volume from a symmetrical triangle. We could see a retest but you never know with ChainLink. The top line...
On D1, the cloud is directing downward, indicating a price correction, and price found support at the 50% Fibonacci level.
On H4, the price fluctuates around the cloud, which indicates the formation of a local price correction.
In addition, a divergence has formed on H4 between the price and the RSI, which indicates a possible end of the price correction on...
