$LINK : Breaks Out of Falling Wedge Pattern: Targets Set Higher
LONG SETUP LINK
Entry: $14.1000 - $14.1500
Stop Loss: $13.6200
Take Profit: $15.1350 (2R)
Key Levels: Support $14.0260 | Resistance $14.2350
Technical Analysis for $LINK : Price sits above EMA9/21/50 and MACD histogram is positive, indicating bullish momentum. RSI at 60 and stochastic K over 80 support upside. Orderbook shows a 13.9% bid imbalance. Countersignal: stochastic is near overbought and ADX below 25, suggesting weak trend. Watch for a break above the 14.235 resistance for confirmation.
Market Context: BTC remains on a bullish trend on both 4hour and daily frames, and the overall market is broadly positive, supporting riskon sentiment.
Can $LINK hold support and challenge resistance? Follow for more data-led market setups.
LONG $LINK
LONG SETUP LINK
Entry: $14.1000 - $14.1500
Stop Loss: $13.6200
Take Profit: $15.1350 (2R)
Key Levels: Support $14.0260 | Resistance $14.2350
Technical Analysis for $LINK : Price sits above EMA9/21/50 and MACD histogram is positive, indicating bullish momentum. RSI at 60 and stochastic K over 80 support upside. Orderbook shows a 13.9% bid imbalance. Countersignal: stochastic is near overbought and ADX below 25, suggesting weak trend. Watch for a break above the 14.235 resistance for confirmation.
Market Context: BTC remains on a bullish trend on both 4hour and daily frames, and the overall market is broadly positive, supporting riskon sentiment.
Can $LINK hold support and challenge resistance? Follow for more data-led market setups.
LONG $LINK
