Chainlink Coin ( LINK) Analysis

Chainlink Coin ( LINK) Analysis


Chainlink coin (LINK) digital currency is trading now in a neutral Direction to set & exceed the support areas as we have already a good performance which appears in the chart dedications

Chainlink coin (LINK) digital currency has had a historical price of $ 54.00 in May 2021 & the lowest price after that area at $ 5.300 in June 2022 

(LINK) is trading at $ 8.142 at the moment  

Let’s update our support & resistance areas in order to predict the probability of the incoming movement prices, So please read carefully the target, support & resistance mentioned below.

 

Otherwise, we do not recommend trading until testing & confirming the support areas in order to hit the resistance areas, even if there’s good daily volume showing the great coming jump to a higher price range, let’s go step by step to avoid the bearish trend & ride the bullish trend probability.

 

As we know; an uptrend is followed by a downtrend & vice versa

 

So, we never forget to Trade wisely as we advise buyers to place a stop loss below the support areas, as breaking these prices leads to another down support area 

 

As Shown

The Chart Below

 

481156c9075a993ae1abc78a486a121805541dd446a25a28c875874a13367854.png

 

Prediction:

Target: Going to hit & exceed the area of $ 12.420 then $ 19.540

Chainlink coin (LINK), if the price of $ 7.250 is broken, it may target levels of $ 5.300

 

Support & Resistance:

Support: $ 7.250 - $ 5.300

Resistance: $ 9.470 -  $ 12.270

 

Important:

The result depends on our personal Vision which could be right or wrong

We analyze the past to predict the future

How do you rate this article?

15


Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.