This is my first attempt to publish an idea, so please bare with me.
LINK/USDT on the 4 hour looked to me like it may have finished a small head and shoulders pattern indicating a breakdown.
If this were to occur I assume two scenarios: 1. correction to the weekly MA 2. correction to a long line of support, just above the monthly MA
AS I am a fairly new trader, I don't know how large a pattern like this should be to be considered a head and shoulders. This one looks quite small, so it might not lead to any downward movement. Please share your thoughts! Thanks for the read :)
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.