Chainlink Analysis, April 21, 2025
Chainlink on TF M15 if we observe from the price structure side, there is a sideways phase and a price decline at the beginning of the chart. The price moves fluctuatingly below the moving average, which indicates seller dominance and there are no strong signs of a trend reversal. However, entering the middle of the chart, the price begins to show a tendency to rise slowly, until finally there is a significant breakout above the MA line. This moment is a critical point indicating a change in trend direction from bearish to bullish.
Given that the current main trend is up, the best strategy is to buy on dip, which is to buy when the price falls to the dynamic support area. The ideal area for entry is when the price approaches the MA line (around 12.75?13.00), or when a bullish reversal candle is formed such as a hammer, doji, or bullish engulfing.