Link, one of the most highly regarded coins in the DeFi space is closing in on its ATH
$20 and a few cents is the ATH, on Binance
If BTC doesn't have a shake, then this should be broke soon, when I will update further targets
Expect a little pullback here due to the SR level from the previous run, then to push through
If it does, it might be the first 'well-known'...
Link has finally broke out and successfully retested both the trendline and the 50EMA which puts Link in a strong uptrend
Waiting for a close above 14.3 - which will probs be in the morning as I need some sleep lol
Close above that key resistance and hopefully we can run to the previous ATH
Also confluence on the link/BTC chart where it has successfully bounced...
Only due to other major coins being very overbought right now I believe that Chainlink (LINK) will see a small correction in the coming week or so, before moving on upwards again. There is room for this coin to grow much higher I believe.
Hello Traders
Having gained the benefit of 2 strong support zones, Chainlink is once again trying to break out the descending channel. The previous top levels would be less we can expect after a successful breakout.
Stay Prolific everyone!
LINKUSDT is printing a descending triangle pattern on the Daily timeframe.
Price is consolidating in the mid region.
Possible price actions are indicated on the chart.
Broke out of this smaller triangle (blue dotted lines)
Climbing asscending support line from macro pennant
If breaks the descending support line could be quids in
Lets see how it pushes on from here...
BTCUSD is exactly Moving According our Analysis in this smaller time frame. Now we will wait for next candle. Maximum Chances it will go Down to the Price level 17k.
Keep in touch we will update further soon
ETHUSDT is at the Top of the Channel now this time in daily Chart and it has maximum Chances that it will touch the Bottom of this channel soon . May be it can touch the price level 480 in this retesting.
Keep in touch we will update further soon.
BTCUSD is Moving According our Analysis from last few months. As we Predicted this few months ago. And I mentioned there that BTCUSD Has Breaked that Symmetrical triangle.
Now this has Maximum Chances that it will target Price level 22k to 25k Price level.
Keep in touch I will update More soon.
LINKUSDT is testing the ascending channel resistance.
RSI printed a bearish divergence signal.
The market is printing the head and shoulders reversal pattern.
Sell entry ⬇️ - breakdown below the head and shoulders neckline support.
Target - ascending channel support.
LINK / BTC retaking 80500-83000 as support is quite bullish. The volume here is nice while price has been consolidating above this support zone. LINK is always a strong alt and some money might flow from BTC directly to LINK.
