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1- I if break resistance = Entry trigger or buy stop.
2- back to break trendline = limit buy.
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After completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement.
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LINK is currently ranging at 7.0 levels -- a strong order block support which have been revisited many times but always bounces off it.
This time, the movement on this range is thinning out significantly -- a prospect we might see a squeeze to the upside anytime now and hit 9.0+
Spotted at 7.0
safeguard capital always.
link inside the resistance penetrated more!
By checking the waves, we can expect the link to complete at least one ABC and after a short break, it will be bullish again
The current market situation is such that we need confirmation and trigger to drop any symbol
For risk management, please don't forget stop loss and capital management
Comment if you have any...
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We have been 518 days in this range; you have had 518 days to buy Chainlink under 8 dollars.
I have been following this range for a very long time, and now I believe it's time we finally break it to the upside. The bar pattern keeps on playing out perfectly, so the next...
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There exists a potential scenario wherein COINBASE:LINKUSD could undergo a substantial x4.6 surge between late 2023 and early 2024.
In the chart provided, you can observe the accumulation pattern, with the price action mirroring it remarkably accurately.
What strengthens this...
Chainlink is knocking on the door of the Resistance Zone and forming what appears to be a teacup and handle bull pattern! Do we long now? What should our signal to enter a trade be?
How do we trade this? 🤔
Link completed its measured move up to the resistance zone, pulled back, and made another attempt to breach the $16.30 price but failed. If the teacup and...
Chainlink (LINK) that could potentially skyrocket your trading profits. Brace yourselves, because this is a call-to-action you don't want to miss!
Chainlink has recently presented us with a picture-perfect entry point, as the Relative Strength Index (RSI) stands at a tantalizing 52. This indicates a healthy balance between buying and selling pressure,...