Currently, the price of Chainlink (LINK) is 28.12 USD. Below is a detailed analysis of support levels, resistance, price patterns, technical signals, and investment strategies for LINK:
1. Strongest support and resistance zones:
• Strong support:
• 22 USD: An important support level where the price has bounced multiple times in the past.
• 18 USD: A deeper support level that held firm during strong corrections.
• Strong resistance:
• 30 USD: An important resistance level that needs to be surpassed to establish a long-term uptrend.
• 35 USD: The next resistance level, close to LINK's historical peak.
2. Nearest support and resistance zones:
• Nearest support:
• 25 USD: The nearest support level where the price has reacted in recent trading sessions.
• Nearest resistance:
• 30 USD: The nearest resistance level that needs to be surpassed to continue the short-term uptrend.
Best entry points:
• 25 USD: The nearest support level, suitable for opening a buy position.
• 22 USD: A strong support level, may consider buying more if the price adjusts back here.
3. Short-term, medium-term, and long-term buy/sell signals:
• Short-term:
• Entry: 25 USD
• Stop-loss: 23 USD
• Take profit 1: 30 USD (take 50%)
• Take profit 2: 32 USD (take 50%)