readCrypto

Chainlink (LINK) - August 15 (1h)

readCrypto Mod Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
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It should be seen if it can rise above the 17.5360 point.

We need to make sure we can get support at 16.9299.

If it falls from 16.9299, it is likely to touch the 15.2106-15.4438 section.

If it falls below the 15.2106 point after the time indicated on the chart, it is a short-term Stop Loss.

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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Comment:
(LINKUSDT 1h chart)
To break through the 19.0107-19.4475 interval, a bearish adjustment may be made.

You need to make sure you can get support at point 17.5360.
If you can get a buffer at point 17.5360, there is a possibility that it will rise after touching the 16.7729-16.9299 range.

If you sideways within the 19.0107-19.4475 section, it is expected to break through the 19.4475 point.
Comment:
(LINKUSDT 1h chart)
It remains to be seen if it can rise above the 17.085 point.
You need to make sure you can get support in the 15.2106-15.4438 section.
If it falls without gaining support at 15.2106, I think there is a need for minimal trading to preserve profit and loss.
Comment:
(LINKUSDT 1h chart)
It rose with support in the 15.2106-15.4438 section.
You need to see if you can rise above the 17.085 point for support.

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