ChainLink (LINK) - October 9

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Moving down from the uptrend line (1), there is a movement to continue the decline.

Fortunately, it's getting off the downtrend line (3).
Therefore, you need to see if you can gain support and rise at the downtrend line (3).
We also have to see if we can ascend above the 9.5696 point.

We believe that a rebound or a trend turnaround can be expected only after rising at least 10.0473 points from the current position.

The downtrend has not been stopped even with the three big buffers, so it is time to check the flow carefully.

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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.