LINK/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 14.797, 14.970, 15.000.
Key Support Levels: 14.574, 13.690, 13.500.
1-Hr Frame:
The price on the higher time frame found support near the strong support level around the 14.30 USDT mark. It posted an engulfing bullish pattern showing that the buyers are in control of the market and might push it further to the upside.
LINK/USDT (Futures) Medium-Term Trend: Bullish
10-Mins Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a double bottom formation. A lower correction has been posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Market Order @ 14.574
Target Profit 1 @ 14.797
Target Profit 2 @ 14.970
Stop Loss @ 14.352
Trade Safely 🙂