‏‎$LINK ‎ Technical Analysis (Under the Microscope)

Currently experiencing a nice rise on the 4H timeframe and it may continue

•But we need to follow up with caution because the weekly timeframe hasn't confirmed a big rise yet 💎

📍We are monitoring resistance at 14.20; if it breaks above it firmly, we can say it's the start of a new upward trend

✅ Buy Entry (Long) from: 13.30 - 13.40

🎯 Targets:

📍First Target: 13.80

📍Second Target: 14.20

📍Third Target: 15.50

🛑 Stop Loss: Close below 13.00

We have a positive crossover between the EMA7 (orange) and EMA30 (blue)

📍This gives a short-term bullish signal 🚀🚀

📍The price has broken through a resistance that was at 13.20 and settled above it

📍RSI is close to 62, indicating buying momentum but not yet in overbought territory

📈 Technical Pattern:

There is a possibility of forming a double bottom pattern, which indicates a change in direction from bearish to bullish

#StrategyBTCPurchase ‎#bnb #StrategyBTCPurchase ‎#spot #future ‎$