Објављено пре 17 сати
ЛИНК/УСДТ пар resonating inside a falling wedge pattern is gradually narrowing its price spread. Furthermore, the altcoin recently rebounded from the $5.5 support aims to rechallenge the overhead resistance. However, can it undermine the 20-and-50-day EMA resistance?
Кључне тачке:
- Цена ЛИНК-а је пала за 30% за само три дана
- Биковски пробој из узорка клина може покренути прилику за опоравак.
- Обим трговања унутар дана у токену ЛИНК је 711.5 милиона долара, што указује на губитак од 0.59%.
Извор- традингвиев
Цхаинлинк (ЛИНК) traders have strictly followed a falling wedge pattern since the coin price turned down from the November 2021 high of $33.8. Even though this pattern leads to a significant downtrend, it is expected to trigger a strong bullish rally as the altcoin breaks out from the overhead resistance.
On June 10th, the LINK price witnessed its recent reversal from the downsloping trendline and slumped by 40%. Last week’s crypto crash bolstered sellers to carry this bear cycle and plunge it to its previous lower low of $5.5
A morning star candle rebounded the LINK price higher, validating $5.5 as legitimate support. Furthermore, the recovery rally surged 30% and hit the 20-day EMA resistance. If the buying pressure persists, the altcoin will retest the descending trendline to replenish the selling momentum.
Ultimately, the LINK price chart reflects an overall downtrend, and a bullish breakout from the pattern’s resistance would give genuine signs of recovery. Furthermore, the post-breakout rally should surge the coin price to November 2021 top at $36.
Технички индикатор
РСИ индикатор- Where the LINK price action showcases a lateral walk for around five weeks now, the daily-RSI slope climbs higher, indicating growth in underlying bullish. This divergence would encourage buyers to breach the resistance trendline.
ЕМА- the 20-and-50-day EMA acts as a dynamic resistance assisting sellers in maintaining the falling wedge pattern. The recent jump from the $5.5 mark is currently struggling to surpass the 20-day EMA.
- Нивои отпора - $9.32, $12.4
- Нивои подршке су $5.5 и $5
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Source: https://coingape.com/markets/chainlink-price-analysis-ema-resistance-bolster-link-sellers-for-5-5-breakdown/