Chainlink Fibonacci Retracement Confirmed with MACD
Take a look at this chart on the 30 minute. We can see Chainlink clearly bouncing off the 0.236 staying at the upper band towards 0.382. In conjunction with the MACD at the bottom which shows a trend reversal before confirmation, this might be a great moment to get in on the action.
What you want to keep in mind is the 50MA crossing the 200MA, which would signal a longer-term down-trend.
What you want to keep in mind is the 50MA crossing the 200MA, which would signal a longer-term down-trend.
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