Price action (PA): Linkchain broke down exponential growth move. Closed above EMA 50,100,200. LINK potential retest 1.95$ level. Hodl above 21 EMA line if break then potential deeper correction. Really strong resistance at 2.95$. LINK closed bellow 3$ price level.
Indicators:MACD bearish crossover, but still above zero line. RSI above 50 points level. First sign of correction.
Volume of correction weaker than volume of bullish railly. Potential next leg up after correction.
S/R: psychology resistance at 3$. Support at 1.95$.
LINK still strong but need little cool down before next railly move up.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Indicators:MACD bearish crossover, but still above zero line. RSI above 50 points level. First sign of correction.
Volume of correction weaker than volume of bullish railly. Potential next leg up after correction.
S/R: psychology resistance at 3$. Support at 1.95$.
LINK still strong but need little cool down before next railly move up.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
