๐จ LINK NEXT MOVE: IS $18.00 - $20.00 LOADING FOR CHAINLINK? ๐จ
Chainlink (LINK) is showing strong bullish momentum on the weekly timeframe! Are you ready for the next breakout? ๐
Letโs dive into the technical chart breakdown:
๐ฅ Key Analysis Points:
* Liquidity Sweep & Retest: LINK bounced off its strong baseline support and is currently moving upwards after sweeping liquidity.
* Fibonacci Confluence: We expect a temporary pullback to test the 0.5 - 0.618 Fibonacci retracement level before the major expansion.
* Resistance Target: The ultimate target zone sits around $18.00 - $20.00!
๐ก Trade Setup Strategy:
๐ฏ Accumulation Zone: Around 0.5 - 0.618 Fib retracement level
๐ Targets: $16.00 (Local High) -> $18.00 - $20.00 (Major Resistance)
๐ก๏ธ Stop Loss: Below the key trendline support.
Whatโs your plan for LINK? Will it hit $20 sooner than expected? Drop your thoughts below! ๐
$LINK
$BTC
$ETH
#Chainlink #CryptoTrading #BinanceSquare #TechnicalAnalysis #Altcoins
Chainlink (LINK) is showing strong bullish momentum on the weekly timeframe! Are you ready for the next breakout? ๐
Letโs dive into the technical chart breakdown:
๐ฅ Key Analysis Points:
* Liquidity Sweep & Retest: LINK bounced off its strong baseline support and is currently moving upwards after sweeping liquidity.
* Fibonacci Confluence: We expect a temporary pullback to test the 0.5 - 0.618 Fibonacci retracement level before the major expansion.
* Resistance Target: The ultimate target zone sits around $18.00 - $20.00!
๐ก Trade Setup Strategy:
๐ฏ Accumulation Zone: Around 0.5 - 0.618 Fib retracement level
๐ Targets: $16.00 (Local High) -> $18.00 - $20.00 (Major Resistance)
๐ก๏ธ Stop Loss: Below the key trendline support.
Whatโs your plan for LINK? Will it hit $20 sooner than expected? Drop your thoughts below! ๐
$LINK
$BTC
$ETH
#Chainlink #CryptoTrading #BinanceSquare #TechnicalAnalysis #Altcoins
