ChainLink / TetherUSShort
LINKUSDT
The price has made a decisive move below the 1-day Ichimoku Cloud, signaling a clear shift toward bearish momentum. While the lagging span (Chikou Span) has broken below the price, it has yet to confirm a clean break below the Kumo. This setup represents an early entry to capitalize on potential downside momentum, anticipating that price could accelerate lower.
Should the lagging span confirm a clean break below the cloud, I will look to scale into my position, reinforcing the trade with higher conviction as bearish momentum solidifies.
Should the lagging span confirm a clean break below the cloud, I will look to scale into my position, reinforcing the trade with higher conviction as bearish momentum solidifies.
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.