Hi,
Welcome to this analysis about LINKUSD, we are looking at the 6-hour timeframe perspectives. LINKUSD has reached a zone where it has some paramount important remaining support lying determined by this main ascending-trend-line marked in my chart established way before with several decisive bounces to the upside. Recently LINKUSD bounced from this trendline initially firstly on the local timeframe and is now holding this structure. When LINKUSD now manages to stabilize further above this trendline it can lead to a descending-channel-breakout with the proper further continuations, therefore it is highly necessary that LINKUSD does not fall below because this will invalidate bullishness firstly. For now, it is necessary to keep patient and await the properly given validations before moving in the direction.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about LINKUSD, we are looking at the 6-hour timeframe perspectives. LINKUSD has reached a zone where it has some paramount important remaining support lying determined by this main ascending-trend-line marked in my chart established way before with several decisive bounces to the upside. Recently LINKUSD bounced from this trendline initially firstly on the local timeframe and is now holding this structure. When LINKUSD now manages to stabilize further above this trendline it can lead to a descending-channel-breakout with the proper further continuations, therefore it is highly necessary that LINKUSD does not fall below because this will invalidate bullishness firstly. For now, it is necessary to keep patient and await the properly given validations before moving in the direction.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.