Chainlink looking for support @ or near $17-$18 range. Keep in mind on both the 4hr And Daily Chart , There is a possibility for a significant retracement to $14 range. All this is only plausible if the formation of a triple top/ head and shoulders start to form. Things are looking up for Link either way. Take profits along the way to $23 and just take note of previous trending this past December. This may just be a similar fakeout to a higher high.
Nota
H&S forming bottom of neckline $17-$15ish support level. Look for higher highs after this happens. Bitcoin reached its apex on Daily. Looks bearish may dump to 38k. Which then this trade is obviously canceled @ anything below $17.20 on its possible right shoulder.Nota
Double bottom on 5 min chart. Think the storm is clearingNota
Right shoulder starting to build on Chainlinks daily chart. $17.50 to $18.90 are our key prices to pay attention to. Anything below those two numbers (shoulder top /head top ) would show a possible drop further or a retest @ $16 for a triple bottom. We need to break and hold above $19 to see an uptrend from our 3 day decentDagangan aktif
Recommend a stop loss @15. Possible retrace to bottom out @13ish. Hoping to hold above $15.90 for new higher highs. Good luckDagangan ditutup: sasaran tercapai
Chainlink looking to retest $15.45 area. That should be our final bottom for awhileNota
A breakout above $18.50 and holds , confirms a break in the downtrend. Things are looking up. Watch out for pullback 3rd week in April. Good luck!!Nota
** Update ** quick top to $8.50 area then a reversal to test support around $4.90. Set Stop-loss loss @ $8.11. Just my personal opinion.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.