Chainlink has been attempting to break the $16-$17 range since November 11th and has failed there times. After the crypto sell-off on January 3rd, Chainlink made one more attempt but fell short at $15.75. With that lower high, is it time to short?
How do we trade this? 🤔
We have a potential triple top, a doji (one bar trading range) just under the Resistance...
Market is in overall downtrend, but in 1h timeframe we can see an upwards correction, market already formed a main lower high, which means we should see a break of a correction structure, retrace back to it and down a downfall of a price at least to a recent main lower low.
Entry: 7.29 (After break and retest)
Invalidation: 7.98 (Above main lower high)
Target:...
Hello!
This Summer Link has shown the best dynamics ever.
ATS's strategy has also shown perfect outcomes since the very beginning of July, giving correct indication of the trend changes.
ATS has performed 175% in 6 trades
Link has become more expensive by 146%
It is better to trade correctly instead buy and hold.
The link is currently still moving in the...
Simple Head and Shoulders idea. No complication here. Given the Link run last few days, RSI is starting to cool down. 0.618 looks likely and a move up there will start to confirm the right shoulder. Lets see how this plays out over the next several 1hr candles.
All this entire run was sustained with descending and poor volume.
"Price increasing - Volume decreasing = bearish"
In other words this could be the possible top, i don't know if we have fuel for another run up.
Don't go all in here, move your stop up in profits.
Enjoy.
