Get started
ChainLink
Short

Weakest Link In The Chain?

By Sparkster
Updated
  • LINKUSD has been on a tear since we began covering it here at Sparkster a month ago. It did indeed drop down almost to target of $3 before rebounding up to test previous ATH of $4.80. But now what?
  • With 3 Hammers we see LINK dropping as low as the $3.70 level for a 13% drop, before pushing through that ATH.
  • When it moves back up, it may move fast, so traders will be looking to Buy The Dip
Trade active
still in play and moving strongly towards target so far
Note
snapshot
Trade active
Yikes. Ugly continuation down.

snapshot
Trade closed: target reached
We tagged the first target yesterday and expect a possible reversal so closing this position.
chainlinkchainlinksignalsChart PatternsCryptocurrencycryptosignalsTechnical IndicatorsLINKUSDTrend Analysis
Sparkster
Also on:

Related publications

Disclaimer

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.