The chart for ChainLink (LINK/USDT) suggests a breakout from a descending wedge pattern, signaling bullish potential.
Key Levels:
Support Zone: $12.87–$13.50 (retest area).
Stop Loss: Below $8.70 to manage risk.
Target 1 (T1): $20.02
Target 2 (T2): $26.21
Target 3 (T3): $32.40
Recommendations:
Entry Point: Consider buying on a retest near $12.87 if support holds.
Risk Management: Place a stop-loss below $8.70.
Outlook: A confirmed breakout and volume increase could drive prices to higher targets, with $32.40 as the long-term goal.
Key Levels:
Support Zone: $12.87–$13.50 (retest area).
Stop Loss: Below $8.70 to manage risk.
Target 1 (T1): $20.02
Target 2 (T2): $26.21
Target 3 (T3): $32.40
Recommendations:
Entry Point: Consider buying on a retest near $12.87 if support holds.
Risk Management: Place a stop-loss below $8.70.
Outlook: A confirmed breakout and volume increase could drive prices to higher targets, with $32.40 as the long-term goal.
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Subscribe to my Telegram Channel 👉 :
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Subscribe to my X 👉 : x.com/VIPROSETR
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.