Link is trading near a support zone in a falling wedge nested within a ascending parallel channel.
This zone corresponds with support from the volume profile and the 0.382 fib retracement level.
It is also exhibiting RSI divergence and is oversold on the Stochastic RSI.
If it finds support, we can expect it to maintain its uptrend within the parallel channel.
This zone corresponds with support from the volume profile and the 0.382 fib retracement level.
It is also exhibiting RSI divergence and is oversold on the Stochastic RSI.
If it finds support, we can expect it to maintain its uptrend within the parallel channel.
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.
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.