Hello LINK Nation!
Wow, LINK is definitely one of my favorite cryptos for myriad reasons!
LINK has been in a weekly uptrend since late 2017 and has made many new all time highs along the way!
Today, we can see that LINK has reached another new all time high, then had a pullback to daily support around $19.00.
If we get a daily close above the prior daily close at $18.81, then I suspect the 1.618 Fibonacci target at $24.00 will be hit.
If price can hold $24.00, then the next targets are: $34.00, $43,00, $50.00, and $53.00.
Follow us now for TA on the hottest cryptos throughout this bull run!
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Wow, LINK is definitely one of my favorite cryptos for myriad reasons!
LINK has been in a weekly uptrend since late 2017 and has made many new all time highs along the way!
Today, we can see that LINK has reached another new all time high, then had a pullback to daily support around $19.00.
If we get a daily close above the prior daily close at $18.81, then I suspect the 1.618 Fibonacci target at $24.00 will be hit.
If price can hold $24.00, then the next targets are: $34.00, $43,00, $50.00, and $53.00.
Follow us now for TA on the hottest cryptos throughout this bull run!
---
Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Let's go bullz!!!