LINK USD
bullish and bearish signs here
bearish signs:
-broke the 50MA on 4hr chart
-MACD has room to move lower
-inverted cup and handle possible (green line)
Bullish signs:
- .5 Fib retrace to about $6.9 and bounced off
- held the 89MA (fib ma) and bounced off
- double bottom at $7 local support (blue arrows)
if everything holds I still see movement upward... but if these are a false we can see an even bigger retrace to .382 or even 0.
if we hold the 89MA and $7 double bottom, momentum continues upward
let me know what you guys think
THIS IS NOT FINANCIAL ADVICE
bearish signs:
-broke the 50MA on 4hr chart
-MACD has room to move lower
-inverted cup and handle possible (green line)
Bullish signs:
- .5 Fib retrace to about $6.9 and bounced off
- held the 89MA (fib ma) and bounced off
- double bottom at $7 local support (blue arrows)
if everything holds I still see movement upward... but if these are a false we can see an even bigger retrace to .382 or even 0.
if we hold the 89MA and $7 double bottom, momentum continues upward
let me know what you guys think
THIS IS NOT FINANCIAL ADVICE
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.