Crypto2AF

LINK/USDT - Chainlink: Falling Wedge

BINANCE:LINKUSDT   ChainLink / TetherUS
◳◱ On the $LINK/ USDT chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 16.264 | 17.265 | 19.582 and support near 13.947 | 12.631 | 10.314. Entering trades at 15.259 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Chainlink
▣ Rank: 16
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Services - Data Management
▣ Overview: Chainlink is a decentralized oracle network. It aims to serve as a middleware between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds.

◰◲ Technical Metrics:
▣ Mrkt Price: 15.259 ₮
▣ 24HVol: 75,890,616.439 ₮
▣ 24H Chng: -4.917%
▣ 7-Days Chng: -2.66%
▣ 1-Month Chng: 5.93%
▣ 3-Months Chng: 89.72%

◲◰ Pivot Points - Levels:
◥ Resistance: 16.264 | 17.265 | 19.582
◢ Support: 13.947 | 12.631 | 10.314

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: 0.96
▣ Last 90D: 3.18
▣ Last 1-Y: 1.59
▣ Last 3-Y: 0.58
◲◰ Volatility:
▣ Last 30D: 0.85
▣ Last 90D: 0.93
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.09

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.74 - Bullish
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.50 - Bullish

▣ In-depth LINKUSDT technical analysis on Tradingview TA page


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