The 4h chart of ChainLink is forming a cup and handle .On breaching the handle upwards an upward movement may be expected to the major resistance marked by the pink line .
A divergence is observed within the vertical dotted lines denoting the slowing momentum .
The CCI pullback rebounded from the -100 level which may be considered as an evidence of continuing of short term current momentum.
The MACD is converging to form a buy signal.
What are your views?
For tips and analysis follow :
YouTube : youtube.com/channel/UCmYU8s_HUO2QYGQAERASMWA (FOR HINDI/URDU)
Telegram : t.me/joinchat/HV9ggw-FUt1cOiwX_n7qow
Twitter : Check out Coin Authority (@CoinAuthorityOG): twitter.com/CoinAuthorityOG?s=09
STEEMIT : steemit.com/vechain/@coinauthority/
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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.