ChainLink (LINK) – Sep 12


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Supported at the uptrend line (2), rising and being sideways at 11.5849-12.9971.

If you do this sideways, I think there is a possibility that there will be a support and resistance test of the uptrend line (2) and the downtrend line (3) around September 14th (September 13-15).

If neither of the uptrend line (2) or downtrend line (3) breaks through, volatility is expected around September 23rd.

If it falls below the uptrend line (2), I think trading is necessary to preserve profit and loss.

If you break the downtrend line (3), I think you need support at least at 13.8104 to expect further gains.

If you get support at the uptrend line (2) and climb along the trend line , I think you can expect further gains.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)