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Chainlink (LINK) - September 23

BINANCE:LINKUSD   ChainLink
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(LINKUSD 1W Chart) - Mid-Long-Term Perspective
If the price holds above the 9.8711250 point, it is expected that the uptrend will continue.


(1D chart)
Support section: near point 20.7294159

Resistance section: 29.4553707-32.1285728


If it falls from the support zone, it may fall to the 9.8711250-14.9592563 zone, so you need to trade cautiously.


A break above the 27.5708061 point with high volume is expected to break above the resistance zone.

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(LINKBTC 1W Chart) - Mid-Long-Term Perspective
If the price holds above the 0.0002195-0.0002757 range, we expect the uptrend to continue.

Depending on which of the three uptrend lines the uptrend is followed, we expect the uptrend to continue, with only a difference in volatility.


(1D chart)
Support period: 0.0005332-0.0005843

First resistance zone: near 0.0006866 point
Second resistance section: 0.0007888-0.0008399


If the price declines from the support zone, it may fall to the 0.000426-0.0004623 zone, so trade with caution.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an upward trend or a downward trend, there is a high probability that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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