LINKUST.P trade ideas
LINK/USDT Bull Flag/ Channel Formation-LINK/USDT is forming Bull Flag/Channel.
- Volume is following the Bull Flag/Channel decreasing volume with Price which indicates Moderately Bullish & weakening downtrend.
- Sell Pressure is good bulls waiting for bears to exhaust.
- RSI is giving early sign of breakout but for confirmation we need candle close.
- If this pattern plays out and it break out, expect a rally to form new HH.
chainlink on the verge of significant movefor more than a week link/usdt on 4h chart following a trend line as i indicated here with a black lines ...several supports and resistances but this time the scenario is different where i can see a super strong support level with double bottom at 0.9380 trend line level along with Fibonacci great support on 0.61 level.these three supports trend line,double bottom,Fibonacci all indicating a bullish sign.