TradingView
AlanSantana
May 9, 2020 2:04 PM

ChainLink Getting Ready To Correct? 

ChainLink / BitcoinBinance

Description

We know that ChainLink (LINKBTC) is super resilient and it keeps on going and going.

This altcoin pair has been in an uptrend since 2018 and it looks like it wants to go on...
Now, there are a few signals that are saying "it's enough", let's take a look.

  • First, we have a Lower High (LH) for LINKBTC.
  • The MACD moved below zero.


Here is a closer look:


What's your take as to where LINKBTC is headed next?

Share with us in the comments section below.

Namaste.
Comments
Silvuio7
Alan .. any reason for this pump ? I did a lot of research but didn't get anything ..
AlanSantana
@Silvuio7, This is normal price action.
ParabolicP
@alanmasters @alanmasters lol
mohammad_razi
mmmaus
Hi Alan, thanks for your analysis. Sorry, a bit off topic. Do you know of a quick way to find out, for a given token, which exchange was the first to list it? Just so I can get reliable MAs/EMAs in the higher timeframes on TradingView charts. Cheers.
AlanSantana
@mmmaus, No, but you can find the full chart most of the time on Coinmarketcap.
mmmaus
@alanmasters, cheers.
Ilkerdemirtas
Master pls ogn chart analyses
AlanSantana
@Ilkerdemirtas, I can share a maximum 10 articles per day.
More