Chainlink (LINK) - August 10

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(LINKUSDT 1D Chart)
Primary resistance: 9.731
Secondary resistance: 11.064-11.976

Support: 7.411-8.290

If the price holds near 8.290, I would expect a breakout attempt to move above 9.731.


When it falls below 6.7, Stop Loss is required to secure cash.


- Since the RSI and Stoch RSI indicators are entering the overbought zone, it is necessary to check where support and resistance are found when the RSI and Stoch RSI indicators break out of the overbought zone.

Therefore, you need to make sure it is supported in the 7.411-8.290 section.

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

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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