Chainlink has made a nice decline where we bounced right off as well.
We expect to see a smaller recovery to further upper zones and then a possible H&S pattern to form on smaller timeframes where we will be looking for a weakness near the right shoulder to form.
Once we see it, we will be looking for a possible downward movement to the neckline zone (support zone).
Swallow Team
We expect to see a smaller recovery to further upper zones and then a possible H&S pattern to form on smaller timeframes where we will be looking for a weakness near the right shoulder to form.
Once we see it, we will be looking for a possible downward movement to the neckline zone (support zone).
Swallow Team
Note
Price moved slightly up after what we had a decent downward movement
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🚨 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.