ChainLink / TetherUSShort
LINK 4H CHART ANALYSIS | BEARISH MOVEMENT AHEAD
Price is moving within a triangle pattern as well as forming an H&S pattern. Looks like resistance level at 30.50 - 32.00 region is not holding and price is moving back downward. The next level of support at 25.00-25.50 region coincides with the neckline of the H&S pattern. If the price breaks below this level of support, the next target will be the bottom of the larger triangle at 16 USD (see my analysis on the daily chart).
This is not financial advice, just my ideas. Please let me know what you think.
This is not financial advice, just my ideas. Please let me know what you think.
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