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Chainlink (LINK) - March 31Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LINKUSDT 1W Chart) Primary resistance: around 20.84 Secondary resistance 27.20-30.38 Support: 11.31-14.49 You need to break out of all downtrend lines to accelerate the uptrend. (1D chart) The price should hold above 17.76 to turn into an uptrend. The key point is 17.76. (buying) - After confirming the support in 16.15 - After confirming the support in 17.26 (Stop Loss) - When resistance is received after falling below 14.49 - When receiving resistance after falling below 11.31 (Sell) - When receiving resistance in the section 23.03-24.70 - When receiving resistance in the section 27.20-30.38 Point 20.84 is the psychological resistance zone. So, you can rock it up and down to break through this point. The 23.03-24.70 section is likely to find resistance to break out of the downtrend line (1). ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto