Chainlink to US Dollar
- By date
- Metadoro first
Chainlink is moving alongside an uptrend for several weeks. But the LNKUSD is slowing down since October 25, while attempting to cross a strong resistance level at 12.0000. Prices have bounced from this level on Tuesday and signaled a downside correction. Thus, I would recommend to consider short trades from 11.6628-11.7888 with a target at 11.0506, which is an uptrend support. The stop-loss could be set slightly above 12.0230.
| Ticker | LNKUSD LNK/USD |
| Contract value | 1 Chainlink |
| Maximum leverage | 1:10 |
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 1 lot |
| Maximum transaction volume | 10000 lots |
| Hedging margin | 50% |
| USD Exposure | Max Leverage Applied | Floating Margin |
|---|