Link/USDT is a really high volatile Asset
This here is only a little Analysis.
Link Outperformes BTC everytime when BTC moves 1 % up .
In the H4 its now a bullish Pennant all important Moving Average are under the Price for Support.
BUT
Above is the 3.5$ Level its the last Resistance before the Important Weekly Resistance.
IF
4.7$ will break with a Close , there will be a new ATH.
COULD BE
Bounce at the orange Resistance , there will be a lot of SHORT Sellers, keep safe
If you link my ideas give me a like or join my free Telegram Group where i share my Charts and ideas with you :)
t.me/tradingjournalcrypto
This here is only a little Analysis.
Link Outperformes BTC everytime when BTC moves 1 % up .
In the H4 its now a bullish Pennant all important Moving Average are under the Price for Support.
BUT
Above is the 3.5$ Level its the last Resistance before the Important Weekly Resistance.
IF
4.7$ will break with a Close , there will be a new ATH.
COULD BE
Bounce at the orange Resistance , there will be a lot of SHORT Sellers, keep safe
If you link my ideas give me a like or join my free Telegram Group where i share my Charts and ideas with you :)
t.me/tradingjournalcrypto
Note
THIS IS THE H4
Trade active
BREAKOUT in the H4
Note
Breakout failed.Now forming a bearish RISING WEDGE:
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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.