TradingAxis

LINKUSDT > Might Rally from Here to Test the Highs Again!!

Long
HUOBI:LINKUSDT   ChainLink / Tether USD
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Analysis of #Link

Hello friends.

LINKUSDT also like ETHUSD is very well supported here, take a look at the daily candles and see how the buyers are not allowing the price to fall and close below the previous structure close, also it is fib 38 retracements and trendline support

That to me indicates that Link is being accumulated here and might trigger a rally here to test the highs again and maybe more.

If you want to trade this pair it is not yet provided any bullishness on the lower time frame and still, neither buyers nor sellers are in control,

If you want to invest in it I believe this a good level for a buy and hold

let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
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Comments

Total agree, interesting idea!
+2 Reply
TradingAxis Henry_Ross
@Henry_Ross, thanks a lot
Reply
Simple and Clean Structure 🔥😌
+1 Reply
TradingAxis TRADiNG_hub
@TRADiNG_hub, glad you liked it mate
Reply
important zone for buy

thanks for sharing
+1 Reply
TradingAxis MMBTtrader
@MMBTtrader, you're welcome buddy
Reply
Excellent work mate :) 🔥
Reply
TradingAxis nice and clean setups here
Reply
Nice 🔥
Reply
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