LINK.USDT(Y21.P3.E1).TA on the Macro structure

2021年5月5日

Hi all,

Even though BTC hasn't given 100% confidence to where it is, LINK is one of the few coins staying in a short term uptrend on the daily.
Looking at its overall structure, we see chainlink held back by the lime trend line and held up by the orange above support TL.

its a complicated formation however its clear by the daily trend and candle sticks, its still has upward pressure, based on the macd and phoenix indictors.

My next short term targets are: $54 to $60 and then $67

All the best,

S.SAri

Overview on chainlink
s3.tradingview.com/snapshots/x/X7FWn6ty.png

LINK.BTC overview
s3.tradingview.com/snapshots/r/RzR3v0nd.png


PREVIOUS POST

2021年5月5日

註釋

Link hit its target based on this formation. so we expect a sell off here. How much is the question.
s3.tradingview.com/snapshots/1/1UACiXUH.png

2021年5月8日

註釋

As stated, stuck between resistance and support and its holding its level. Bullish stance
s3.tradingview.com/snapshots/x/xhgdUG60.png