ChainLink (LINKBTC) had a massive bullish wave that ended in early July, it has been retracing since...
Right now we are seeing signals that the retrace for ChainLink vs Bitcoin might be over, let's take a look:
With the above signals in, the market can still move in either direction.
If prices move lower and the 0.786 Fib. support (0.00014780) breaks, then LINKBTC is very l/likely to move lower. But if instead, it remains above this level, it is very likely that the uptrend can resume.
The signals are now bullish, the targets are marked on the chart with a magenta line.
Remember to use a stop-loss if you decide to trade and have a strategy before you buy.
Thanks a lot for reading.
Namaste.
Right now we are seeing signals that the retrace for ChainLink vs Bitcoin might be over, let's take a look:
- We can see a classic ABC correction.
- Support was found at example the 0.786 Fib. retracement level from the last bullish wave.
- LINKBTC is challenging EMA50 (0.00018919) right now. Closing above this level would also be bullish and can send its price higher.
- The RSI is strong and moving above resistance.
With the above signals in, the market can still move in either direction.
If prices move lower and the 0.786 Fib. support (0.00014780) breaks, then LINKBTC is very l/likely to move lower. But if instead, it remains above this level, it is very likely that the uptrend can resume.
The signals are now bullish, the targets are marked on the chart with a magenta line.
Remember to use a stop-loss if you decide to trade and have a strategy before you buy.
Thanks a lot for reading.
Namaste.
Uwaga
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💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.