Chainlink (LINK): Possible Head & Shoulder Pattern!
Chainlink caught our attention in the daily timeframe, with a possible good drop to happen soon.
As you can see, we are seeing a nice H&S pattern where the price once broke the neckline zone and now went for a re-test of the EMAs and the broken zone.
From here on, we are looking for a nice rejection to happen and a downward movement to start!
Swallow Team
As you can see, we are seeing a nice H&S pattern where the price once broke the neckline zone and now went for a re-test of the EMAs and the broken zone.
From here on, we are looking for a nice rejection to happen and a downward movement to start!
Swallow Team
Nota
Chainlink still feels some pressure after the rejection from the branch of EMAs here. The neckline seems too sweet to be broken so keep an eye on this!
Nota
Chainlink is back at testing the neckline zone, where the price has moved so far by 6% since our entry there.
Upon seeing a successful break, we will see a great downward movement here!
Nota
Chainlink formed one of our favourite patterns and resulted in a nice 42% market price movement towards our target zones!
🟢 IDEA WAS SUCCESSFUL
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.