Pattern: Clear ascending triangle forming (higher lows + flat resistance near $26.8–27.0).
EMA: Price ($26.13) is slightly above EMA ($25.87) → short-term bullish tilt.
Volume: Increasing on up-moves, decreasing on pullbacks → bullish accumulation signal.
🔹 Key Levels
Support:
$25.5–25.8 (EMA + ascending trendline)
$24.7–25.0 (secondary support)
$23.7 (major breakdown level)
Resistance:
$26.8–27.0 (triangle breakout trigger)
$28.5 (next supply zone)
$30.0–30.5 (psychological + measured breakout target)
🔹 Breakout Targets (from triangle height)
Base of triangle ~ $23.7 → top $26.8 (~$3 range).
Breakout projection = $30.0 zone (matches your arrow).
🔹 Trade Outlook
Bullish Scenario:
Breakout above $27.0 with volume → run to $28.5 → $30.0.
Bearish Scenario:
Breakdown below $25.5 → retest $24.7, worst-case $23.7.
Targets: $28.5 → $30.0.
📌 Summary: LINK is consolidating inside an ascending triangle. Break above $27 = bullish continuation toward $30+. Breakdown below $25.5 flips structure bearish
EMA: Price ($26.13) is slightly above EMA ($25.87) → short-term bullish tilt.
Volume: Increasing on up-moves, decreasing on pullbacks → bullish accumulation signal.
🔹 Key Levels
Support:
$25.5–25.8 (EMA + ascending trendline)
$24.7–25.0 (secondary support)
$23.7 (major breakdown level)
Resistance:
$26.8–27.0 (triangle breakout trigger)
$28.5 (next supply zone)
$30.0–30.5 (psychological + measured breakout target)
🔹 Breakout Targets (from triangle height)
Base of triangle ~ $23.7 → top $26.8 (~$3 range).
Breakout projection = $30.0 zone (matches your arrow).
🔹 Trade Outlook
Bullish Scenario:
Breakout above $27.0 with volume → run to $28.5 → $30.0.
Bearish Scenario:
Breakdown below $25.5 → retest $24.7, worst-case $23.7.
Targets: $28.5 → $30.0.
📌 Summary: LINK is consolidating inside an ascending triangle. Break above $27 = bullish continuation toward $30+. Breakdown below $25.5 flips structure bearish
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.