$LINK #LINK 🚀
Direction: LONG
Entry zone: 10.63 to 10.67
Stop loss: 10.49
Target 1: 10.86
Target 2: 11.01
Chainlink is trading near 10.65 dollars, up 1.88 percent in 24 hours, the strongest large cap in my watchlist this morning, inside a range of 10.22 to 10.81 dollars, and the recent closes show buyers holding the push, 10.56, then 10.56, then 10.61, then 10.60, then 10.59. 🟢 My reading is that LINK is leading the altcoin bounce into CPI, because a coin up nearly 2 percent while Bitcoin is flat and fear is at 32 is showing real relative strength, though the whole trade still depends on CPI at 18:30 PKT not coming in hot. A long from the current zone, with a stop below 10.49, targets 10.86 first and then 11.01 if buyers push toward the range high. A drop below 10.49 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Chainlink push past 10.86 first, or fall below 10.49? 🤔
Follow for more trades.
#Chainlink #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 10.63 to 10.67
Stop loss: 10.49
Target 1: 10.86
Target 2: 11.01
Chainlink is trading near 10.65 dollars, up 1.88 percent in 24 hours, the strongest large cap in my watchlist this morning, inside a range of 10.22 to 10.81 dollars, and the recent closes show buyers holding the push, 10.56, then 10.56, then 10.61, then 10.60, then 10.59. 🟢 My reading is that LINK is leading the altcoin bounce into CPI, because a coin up nearly 2 percent while Bitcoin is flat and fear is at 32 is showing real relative strength, though the whole trade still depends on CPI at 18:30 PKT not coming in hot. A long from the current zone, with a stop below 10.49, targets 10.86 first and then 11.01 if buyers push toward the range high. A drop below 10.49 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Chainlink push past 10.86 first, or fall below 10.49? 🤔
Follow for more trades.
#Chainlink #Crypto #FuturesTrading #TradingSignals
