Chainlink

<ul><li>Chainlink ($LINK) shows a buy signal on the 4-hour chart, with potential bullish reversal if resistance at $13.050 breaks.</li><li>Immediate support at $12.600 crucial whereby a drop below could lead to further declines.</li><li>Chainlink’s 1-day RSI at 47.85 and MACD above the signal line suggest short-term bullish momentum.</li></ul><a href="https://cryptotale.org/chainlink-unlocks-295-million-in-link-tokens-transfers-264-million-to-binance/" rel="noopener noreferrer nofollow">Chainlink</a> ($LINK) is currently experiencing a buy signal according to the TD Sequential indicator on its 4-hour chart. According to <a href="https://x.com/ali_charts/status/1816607685258973447" rel="noopener noreferrer nofollow">Ali Martinez</a>, a top analyst, the current price action shows a predominance of red candles, indicative of a bearish trend.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeWb3uSv6jrOTMUiLF6TqkcWJg-OOfg2w6h006igCniuyWB4k-7SJ2i5d-m8XvtgXUP_Bb_AKFNblkZ3IV5RS8aipWs39dyiMYqo_S9afmY1uYtLQmqJmCVqBbwEc0ZOgOh93CjyOgcQjG-0u_rPra77Lvm?key&#61;NAw8X3cYhhyL5tr0hxojGA" />However, the appearance of the last two green candles might signal a potential reversal or consolidation phase. This shift could be a precursor to a bullish movement if the price breaks through key resistance levels.Immediate support is observed at $12.600, a level where the price has previously shown resilience. If the price drops below this support, the next significant support is at $12.360.<a href="https://cryptotale.org/chainlink-link-flashes-bullish-signal-on-td-sequential-key-resistance-levels-to-watch/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Chainlink ($LINK) Flashes Bullish Signal on TD Sequential: Key Resistance Levels to Watch

CryptoTale

Alte articole publicate pe 27 iul. 2024

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