#LINKUSDT also broke the support level of $11.80-12.50 and decreased to $8. Now, due to the improvement of the market situation, it can be expected that the price will first pass through the dynamic resistances and then break the first specified resistance level.
The trend has changed from bullish to bearish in the recent daily time frame. If the resistance level is not broken, the downward trend will continue and the price may drop to $7.20.
The trend has changed from bullish to bearish in the recent daily time frame. If the resistance level is not broken, the downward trend will continue and the price may drop to $7.20.
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#LINKUSDT 🔹 has started a good upward lag and is on the way to correction, reaching 9.622 - 9.902 is suitable for buying and you can buy it for higher prices and get a good profit. The targets we expect to be touched in the short term are 10.820, 11.482 and the rest.
The targets in the chart are clear that those targets can be considered for the long term, although this scenario is valid until the price candle does not close below 9.276.
The targets in the chart are clear that those targets can be considered for the long term, although this scenario is valid until the price candle does not close below 9.276.
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#LINKUSDT The period between May 2022 and October 2023 is the first accumulation after the bear market, then we have the first bullish breakout or relief rally, the end of 2023 and the beginning of 2024. Now we saw a correction and everything stopped, won. Don't make new lows, for the market to be technically bullish it has to make a higher low to continue up, you can see this clearly on the chart.
Now think of $86 and the current price and you have a target of 535%. And this is a conservative price, thinking about what Bitcoin is doing, early in the game, tells us that prices will go much higher by the end of the next bull phase.
For LINKUSDT, we can consider even 130, 178 (1200%) or more, 224.
Now think of $86 and the current price and you have a target of 535%. And this is a conservative price, thinking about what Bitcoin is doing, early in the game, tells us that prices will go much higher by the end of the next bull phase.
For LINKUSDT, we can consider even 130, 178 (1200%) or more, 224.
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#LINKUSDT The Chain Link has managed to break the upper boundary of the symmetrical triangle pattern on the weekly timeframe.
If this break is confirmed, a strong bullish rally can be expected.
Confirmation of the break and price consolidation above the key resistance is essential for the move to continue.
If this break is confirmed, a strong bullish rally can be expected.
Confirmation of the break and price consolidation above the key resistance is essential for the move to continue.
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#LINKUSDT The link has bounced off the strong support of the 200-day EMA and the ascending trend line on the weekly timeframe.
This reaction could signal the start of a strong recovery.
This reaction could signal the start of a strong recovery.
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#LINKUSDT A perfect falling wedge pattern. This pattern is a classic reversal signal and one of the most accurate. It simply works.
A long-term support/accumulation zone. The falling wedge is enough to predict a reversal, but the action just entered the late 2024 buy zone and long-term support. This makes it even stronger.
A long-term support/accumulation zone. The falling wedge is enough to predict a reversal, but the action just entered the late 2024 buy zone and long-term support. This makes it even stronger.
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