Hitting a Macro Support. I drew many areas of interest out on the chart for places to look for the price to turn and move about.
Pretty Straight forward. We are coming off a major support while the rsi is forming an uptrend.
I dont know much about the fundamentals of this token, this is more for the TA specifically.
Please Comment!
Absolutely Not Financial Advice
Do your own DD
Note
Link on the 4H timeframe. Looks like a retracement to the .618. Might see a pump here.
Note
zooming out from the 4H to look at the daily.
Notice the RSI trend bottom on a third touch.
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Link above weekly and monthly resistance. Link Leaving accumulation phase.
weekly chart.
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Link is back above a major order block. This is the daily chart. Link has also clear the major daily simple moving averages. RSI is overbought, so link may need a retracement before the next continuation.
looking for a reversal around 17.65 on the 4 hour chart shown here
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