Hi friends , 4h chart, today chainlink ! it' s a very nice & promising project , but well unknow , today and days to come looks a good entry point for short or long term .
We got a little nice ascending triangle , a not to old bullish divergence on RSI.
The crucial point will be on MM and resitance blue line at green point (1) in yellow circle zone
- if it fail here and pull back at point (2) it can "link" to red point (2) then , in case of bearish signals. (green line on red point (3) and (5) would be a strong support
- if it win here the next big point will be 50% retracement of Fib (green point (5) )
For more clarity i dont have the ichicloud , but it stop block and resist , and we are actually crossing it.
have a nice day , take care
Kiss
We got a little nice ascending triangle , a not to old bullish divergence on RSI.
The crucial point will be on MM and resitance blue line at green point (1) in yellow circle zone
- if it fail here and pull back at point (2) it can "link" to red point (2) then , in case of bearish signals. (green line on red point (3) and (5) would be a strong support
- if it win here the next big point will be 50% retracement of Fib (green point (5) )
For more clarity i dont have the ichicloud , but it stop block and resist , and we are actually crossing it.
have a nice day , take care
Kiss
Comment:
we fail to cross the point 1 on the blue line and has i told , the green point 2 has linked the redone , we are back in the range