Chainlink has been able to recover significantly from the lows of the past few months in line with the cryptocurrency market. In the 6-hour chart, the price has dissolved a sell-side liquidity, while in the 8-hour chart, it has reached a crucial support level. So, we are indeed talking about significant time frames relevant for technical analysis. Given this chart situation, we anticipate that further highs around $25 will be reached soon. This trading idea utilizes a relatively tight stop loss to provide an optimal risk-reward ratio.
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More than 3 % within a few hours. Looking good :)
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More than 4 % from entry. Keep pushing
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18 % up from entry. This is playing out very well
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We got a bigger correction today, but see a lot of trapped sellers in the wick. We expect LINKUSD to continue its bullish trend and reach our target within the next days
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ATM we see large hidden bullish divergences. After a period of consolidation, we should soon see a move to the upside, possibly reaching our target within the next few days