without_worries

Link 8hr rising wedge

שורט
without_worries מעודכן   
BINANCE:LINKUSD   ChainLink
Time to be careful - the rising wedge appears to have broken to the downside with the previous 8hr candle closing under the support trend line. Rising wedges tend to return price action from where started, in this case $8.50
הערה:
Perfect breakout, the next 20-days are likely to be upsetting for the bulls.

הערה:
Price action now quickly becoming oversold. However one should not expect any meaningful gain until a consolidation period has come to pass. For the time being, price action shall likely continue its downward trajectory until September at the earliest.

הערה:
Price action needs to stay above $14.10 at close today before the head & shoulders pattern below is confirmed.

$7.30 is the target should confirmation occur.

הערה:
Spectacular - oscillators suggest there's a few more days of this to go.

הערה:
$8 dollars next target. MFI support just become resistance.

הערה:
Boom - $8 reached.

$2.60 next target.

העסקה בוטלה באופן ידני:
No more short to had here. Charts looking very bullish all of a sudden.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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