WatsonsView

Closed LINK Short @ 7.89 for +33%

Short
BYBIT:LINKUSDT   LINKUSDT SPOT
LINK has had a large pullback and I don't believe we have the momentum to move forward. This coin has also avoided crashing, as the rest of the crypto space has seen a reversal.

RSI has fallen under the EMA ribbon, reflecting the downward move in price action. We will see resistance form this from this point on if it tries to rise back up.

MACD and TSI have crossed and are moving downward, reflecting the current change in trend.

We could continue to see a move downward from this point. I am realizing my profits early.

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