Chainlink is currently getting rejected at the 50 MA which is about to cross below the 100 MA and is also being squeezed between the two. Expecting a retest of the $5 range within the next couple months if it breaks down bearish in the short term. The US Dollar is looking like it could be making a bounce back to the upside.
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.