Breaking News

LINK/USDT Potential Upward Movement

LINK/USDT Long-Term Trend: Bullish

Key Resistance Levels: 19.52, 20.37, 20.50

Key Support Levels: 17.92, 17.09, 16.50

Daily Chart:

The price on the higher time frame the price found support around the 17.09 USDT level which led to a reversal and a move to the upside. The price yesterday posted an engulfing bullish pattern which shows that the bulls are still in control and further upside movement is expected.

LINK/USDT Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the coin is posting higher highs and lows where recently managed to break a previous high and we are expecting a lower correction to it. This could cause to a move higher again in the same direction of the main trend.

Signal Idea:

Buy Limit Order @ 18.80

TP 1 @ 19.50

TP 2 @ 20.37 

Stop Loss @ 18.57

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!






Free Robot!