LINK/USDT
Daily
Examining the daily time frame, the price is still above the long-term support trend, and as long as it has not penetrated this range, the long-term trend of this currency is upward.
The most important support range of this currency is around $ 11, and if the market continues to improve, the price of this currency will most likely fall to the mentioned range.
Daily
Examining the daily time frame, the price is still above the long-term support trend, and as long as it has not penetrated this range, the long-term trend of this currency is upward.
The most important support range of this currency is around $ 11, and if the market continues to improve, the price of this currency will most likely fall to the mentioned range.
Note
4 hours
Examining the 4-hour timeframe, however, we see the failure of the uptrend and pullback to the lost range
Accordingly, as long as the price of this currency is lower than the range of $ 23, it will be prone to further decline and complete the correction predicted in the daily timeframe.
Given the above, the appropriate strategy for deciding on #LINK currency is as follows
Considering the $ 23.00 range as the most important support in the 4-hour timeframe, as long as the price is below this range, it is not suitable to buy and buying it will be risky.
In case of re-growth of the price and reaching the range of $ 23.00, temporary sale of this currency until the price stabilizes above this range is recommended.
Confirmation of price stabilization above resistance is the closing of at least one full daily candlestick
If the scenario materializes and the purchase price of this currency continues to improve, between $ 11 and $ 14 for medium and long-term maintenance, there will be a risk to the appropriate ryvard.
Good luck
Cryptoclub Analytical Team
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.