Hello, Traders!
After correction of the uptrend, LINK tested the level of $8.38 and continued its movement following April's uptrend.
Currently, the price is testing the upper active trading range limit of $10.25-12.85 - namely, the level of $12.85
MA100 on the 1D timeframe acts as dynamic price support.
It would be interesting to enter the upward movement after the price reaches the level of $12.85 with fixation.
Targets at Fibonacci levels:
0,50 - $13,69
0,618 - $15,21
0,786 - $17,36
Exit the deal in case of price fixation under MA100 on 1D timeframe.
Good luck and watch out for the market!
P.S. This is not financial advice, - just a trade I would be following myself
After correction of the uptrend, LINK tested the level of $8.38 and continued its movement following April's uptrend.
Currently, the price is testing the upper active trading range limit of $10.25-12.85 - namely, the level of $12.85
MA100 on the 1D timeframe acts as dynamic price support.
It would be interesting to enter the upward movement after the price reaches the level of $12.85 with fixation.
Targets at Fibonacci levels:
0,50 - $13,69
0,618 - $15,21
0,786 - $17,36
Exit the deal in case of price fixation under MA100 on 1D timeframe.
Good luck and watch out for the market!
P.S. This is not financial advice, - just a trade I would be following myself
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.
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.