Chainlink (LINK) - September 7Hello?
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LINK is one of the coins associated with many themes.
Therefore, it has good conditions for expanding the coin ecosystem.
We have introduced the coins (tokens) that are expanding the coin ecosystem that I mentioned earlier, and are currently posting them around the coins (tokens).
In the future, we will add LINK coins to these coins and post them.
(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do that, we need to see if we can support and rise near 6.7.
(1D chart)
It re-entered the short-term bearish channel as it fell near 6.7.
To break out of the short-term bearish channel, we need to see if we can find support near the 6.7 area.
The key is whether it can move above 7.150 with volatility around September 13th.
If it doesn't, there's a chance it could move towards the 4.976 area.
The 11.976-15.374 section is a trend-determining section and is an important support and resistance section.
Therefore, when it rises to 11.976-15.374 and is not supported and falls below 11.064, Stop Loss is required to secure cash.
It may be in the distant future, but if you create a trading strategy without thinking ahead, it is likely that the closer you get to the 11.976-15.374 section, the more likely you will be buying more.
If that happens, you will be buying near the high, that is, in the resistance zone.
If you are unable to buy when the current price is showing a sideways trend, you should buy after confirming that the price has risen above 15.374 and is supported.
When you buy the core of your trading strategy, you should seek a way to lower the average purchase price, and also seek a way to minimize losses.
This is true whether you are trading short-term or long-term trading.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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