Chainlink (LINK): Head & Shoulders Still Did't Fill The Target
Chainlink made a magnificent break of the neckline zone on the bigger timeframe but it did not yet fill the major target zone to consider this movement to be finished.
Once we break that zone at $8, we should see some sideways movement inside the sideways tunnel!
Swallow Team
Once we break that zone at $8, we should see some sideways movement inside the sideways tunnel!
Swallow Team
Note
As with all other coins, Chainlink is also in the recovery process, but we are not yet seeing any signs of wekneass. We wait for further movement here but our major target zone is still yet to be reached!
Note
Chainlink is seeing some kind of struggle here but there is nothing clear to say for sure.
We continue to keep an eye here for any better signs of weakness and a further movement to lower zones!
Note
Chainlink has not done much of a move and so far it has not moved toward our target zone (being still below the neckline). So far it is at a loss of 5% but we are waiting!
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.