Chainlink
לונג

Chainlink (LINK) Ascending Triangle — Eyeing $30 Breakout

394
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

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.