ssari

LINK.USDT(Y21.P3.E1).TA on the Macro structure

Long
ssari Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Hi all,

Even though BTC hasn't given 100% confidence to where it is, LINK is one of the few coins staying in a short term uptrend on the daily.
Looking at its overall structure, we see chainlink held back by the lime trend line and held up by the orange above support TL.

its a complicated formation however its clear by the daily trend and candle sticks, its still has upward pressure, based on the macd and phoenix indictors.

My next short term targets are: $54 to $60 and then $67

All the best,

S.SAri

Overview on chainlink
s3.tradingview.com/s...shots/x/X7FWn6ty.png

LINK.BTC overview
s3.tradingview.com/s...shots/r/RzR3v0nd.png


PREVIOUS POST
Comment:
Link hit its target based on this formation. so we expect a sell off here. How much is the question.
s3.tradingview.com/s...shots/1/1UACiXUH.png
Comment:
As stated, stuck between resistance and support and its holding its level. Bullish stance
s3.tradingview.com/s...shots/x/xhgdUG60.png

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.