Our last analysis on ChainLink was a higher timeframe analysis where we indicated the reversal point. We appear to be in a really clean bearish correction and anticipating one last short to the 88 fib and structure before starting the monster bullrun.
See weekly chart below:
Trade idea:
- Watch for a break of the red trendline
- enter with stops above the correction
- Target the structure level which is also the 88 fibonacci
See our last ChainLink analysis below:
See weekly chart below:
Trade idea:
- Watch for a break of the red trendline
- enter with stops above the correction
- Target the structure level which is also the 88 fibonacci
See our last ChainLink analysis below:
