ChainLink LINK Daily Setup
RSI crosses below EMA at $4.10 price level.
Daily bullish structure still intact - higher lows - looking like possible reaccumulation before a retest.
If we close a candle body below roughly $3.94 then there can be continuation to the 100EMA where it previously got bought back up.
Could be an awsome bounce play here but only difference this time is it would negate the bullish structure that's been built since March, so at this point we'd have to revisit the charts.
Daily bullish structure still intact - higher lows - looking like possible reaccumulation before a retest.
If we close a candle body below roughly $3.94 then there can be continuation to the 100EMA where it previously got bought back up.
Could be an awsome bounce play here but only difference this time is it would negate the bullish structure that's been built since March, so at this point we'd have to revisit the charts.
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.