Chainlink has a good chance for upward movement, which would give you a good opportunity for a smaller long position here.
What we are seeing is a decent uptrend forming where, after a breakout at $14, we have seen a good rally, which now has seen some kind of resistance, or, as we think of it, an accumulation zone.
We are seeing a good buyside opportunity to form here where we have set 2 entries for us, either a bounce from the lower buy area, which would be ideal if we form there MSB, or a break of structure on upper zones (near the current market price).
Swallow Academy
What we are seeing is a decent uptrend forming where, after a breakout at $14, we have seen a good rally, which now has seen some kind of resistance, or, as we think of it, an accumulation zone.
We are seeing a good buyside opportunity to form here where we have set 2 entries for us, either a bounce from the lower buy area, which would be ideal if we form there MSB, or a break of structure on upper zones (near the current market price).
Swallow Academy
🚨 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.
🚨 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.