Short-term:
ChainLink has broken both Kijun and Tenkan yersterday and closed above.
Mediu-term:
The W pattern also visible in daily is bullish as well for investment or swing trades. The smart money has accumulated already while most of the retail traders have lost interest about cryptos, actually they try to short.
The trend that peoples tends to short involves the previous short squeezes visible with the BTC for intance and the range won't be broken while most of traders continue to try long the deep.
The next hours with the FOMC annoucement might be crucial for cryptos and globally for similar risky assets. Depending on it, the technical analysis might not be respected.
ChainLink has broken both Kijun and Tenkan yersterday and closed above.
Mediu-term:
The W pattern also visible in daily is bullish as well for investment or swing trades. The smart money has accumulated already while most of the retail traders have lost interest about cryptos, actually they try to short.
The trend that peoples tends to short involves the previous short squeezes visible with the BTC for intance and the range won't be broken while most of traders continue to try long the deep.
The next hours with the FOMC annoucement might be crucial for cryptos and globally for similar risky assets. Depending on it, the technical analysis might not be respected.