LINK Bullish Trading Scenario
Here on LINK we can see two interesting things from a technical perspective.
First of all we can see the two important zones, being the support zone here that also acted as resistance earlier on (S/R flip) and the resistance zone that comes back from a long time ago earlier on the chart.
Second of all, we see a confirmed bullish RSI divergence where the price made a lower low, but the RSI made a higher low. This is a bullish signal.
I will suggest a LONG position here on LINK, after confirmation of both the divergence and the support zone (confluence)
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- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
First of all we can see the two important zones, being the support zone here that also acted as resistance earlier on (S/R flip) and the resistance zone that comes back from a long time ago earlier on the chart.
Second of all, we see a confirmed bullish RSI divergence where the price made a lower low, but the RSI made a higher low. This is a bullish signal.
I will suggest a LONG position here on LINK, after confirmation of both the divergence and the support zone (confluence)
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
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.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
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.