LINK test previous ATH
LINK decided to retrace 15% and is now testing the previous ATH.
On bigger timeframe LINK is still bullish, but on shorter timeframe (1 hour) you can see it is correcting. I would like to see that there will be some reversal signs above the 200 EMA (pointing to the circle).
From there a trade with great risk reward ratio can be opened.
On bigger timeframe LINK is still bullish, but on shorter timeframe (1 hour) you can see it is correcting. I would like to see that there will be some reversal signs above the 200 EMA (pointing to the circle).
From there a trade with great risk reward ratio can be opened.
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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.