ChainlinkShort
LINKUSD: One more drop is possible on this Channel Down.
Chainlink is neutral on its 1D technical outlook (RSI = 47.590, MACD = 0.090, ADX = 17.477), trading around its 1D MA50 but on a technical bearish wave of the December Channel Down. This pattern draws many comparisons with the one in June-July 2024, having so far identical RSI fractals. This suggests that the current rejection can test the 1D MA200 at the bottom of the Channel Down. Our target is a bit higher though (TP = 18.000) due to the presence of the S1 level.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.