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Chainlink (LINK) - October 1

BINANCE:LINKUSDT   ChainLink / TetherUS
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(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.



(1D chart)
Primary resistance: 8.290-8.822
Secondary resistance: 9.869-11.064

Support: 6.7-7.411

We need to see if we can get support in the 6.70-7.411 section and move up to 8.290-8.822.

If it falls below 6.7, it is expected to decline to around 4.976.


As the Stoch RSI indicator is on the decline, it looks like we will soon enter the oversold zone.

If you enter the oversold zone, it is important to find support in the 6.7-7.411 zone when you break out of the oversold zone.

If supported, it is expected to move higher along the short-term uptrend line.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(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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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/

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