On the daily timeframe LINK has made a very clear bullish channel formation.
Since finishing the formation is has shown some strength and has reconsolidated above 4H support.
Good chance this is ready to continue higher.
Bitcoin also shows similar bullish structure on the 4H.
Chance of success: 3/10
Risk to reward: 9/10
Trade rating: 6/10
Since finishing the formation is has shown some strength and has reconsolidated above 4H support.
Good chance this is ready to continue higher.
Bitcoin also shows similar bullish structure on the 4H.
Chance of success: 3/10
Risk to reward: 9/10
Trade rating: 6/10
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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.
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.