Technical analysis by rezamehrjuyan about Symbol LINK on 21 hour ago

rezamehrjuyan

Current Setup: LINK has successfully breached and held above the key support level of $20.28, demonstrating bullish momentum. The price action is currently consolidating in what appears to be a Bull Flag pattern, suggesting a potential continuation of the prior upward move. Trigger & Confirmation: A decisive daily close above the pattern's resistance at $23.97 will serve as the primary buy signal according to my strategy. I am awaiting confirmation from a secondary indicator before considering this trigger fully validated. Projection: Upon a confirmed breakout, LINK possesses a clear trajectory to target higher resistance levels on the daily chart. Risk Management: A strict stop-loss is essential for this setup. Any move resulting in a daily close back below $20.28 would invalidate the bullish structure and signal an exit. I will issue a formal ' SPECIAL SIGNAL ' alert once all confirmation criteria are met and the trade is officially live. Trade Safe, S.Reza Mehrjuyan / CEO FNS Analyst, Manager