Divergence on chainlink will likely move it down 20%
We've had 2 divergences in the recent uptrend. The last one gave us a 23% move down. I'm looking for at least the same move down from here as well.
Volume has been decreasing which gives more weight to the divergence.
Depending if this was the 5th wave or the 3rd wave we could go back down as far as .34. But if you want a safer re-entry point without missing out on LINK's next move .41 seems like a safe bet.
Volume has been decreasing which gives more weight to the divergence.
Depending if this was the 5th wave or the 3rd wave we could go back down as far as .34. But if you want a safer re-entry point without missing out on LINK's next move .41 seems like a safe bet.
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