Keep your eyes on this đ $LINK
Yeh chart ChainLink (LINK) / Tether (USDT) ka 1-day (1D) time frame par Binance par dikhaya gaya hai.
Chart ka breakdown yeh hai:
1. Price Action:
âą Current price 11.75 USDT hai, aur yeh din ka +1.12% gain hai.
âą Price gradual increase ho rahi hai, aur yeh aik ascending trendline par chal rahi hai, jo neeche se support provide kar rahi hai (yellow line).
2. Trend:
âą Price ne lower lows aur lower highs se recovery karna shuru kiya hai aur ab upward move kar rahi hai, jo ke bullish sign hota hai.
âą Ascending trendline support ko maintain kar rahi hai, aur price uske upar stable hai, jo market mein buying pressure ko dikhata hai.
3. Key Levels:
âą Ek resistance zone (brown box) hai jo approx. 12-14 USDT ke beech hai. Yeh wo level hai jahan price ko rejection mil sakta hai, kyunki yeh pehle ki highs hain jahan selling pressure aasakta hai.
âą Agar price is zone ko break kar leti hai, to aur upside ka potential hai, aur price 14 USDT ke aas paas tak move kar sakti hai.
4. Recent History:
âą ChainLink ne pehle decline kiya tha mid-2023 ke baad se, jab price lagbhag 18 USDT par thi, uske baad price ne downtrend mein move kiya.
âą Lekin ab price ne recovery start ki hai aur higher lows aur higher highs ka pattern bana rahi hai, jo ke trend reversal ka sign ho sakta hai.
Summary:
LINK/USDT abhi aik ascending triangle pattern bana raha hai, jo ke bullish sign hota hai. Agar price 12-14 USDT ka resistance zone break kar leti hai, to aage bullish continuation ho sakta hai. #altsesaon #altcycle #CryptoAMA #BTCâ #ETHETFsApproved