- Chainlink broke daily down channel
- Likely to rise to resistance level 16.00
Chainlink recently broke the resistance trendline of the daily down channel from the start of May (which encloses the previous minor ABC correction 2).
The breakout of this down channel accelerated the active impulse wave 3, which started earlier from the key support level 13.00.
Chainlink can be expected to rise to the next resistance level 16.00 (top of the minor correction ii from the end of May).
- Likely to rise to resistance level 16.00
Chainlink recently broke the resistance trendline of the daily down channel from the start of May (which encloses the previous minor ABC correction 2).
The breakout of this down channel accelerated the active impulse wave 3, which started earlier from the key support level 13.00.
Chainlink can be expected to rise to the next resistance level 16.00 (top of the minor correction ii from the end of May).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.