Hi everyone today i analyst Link coin. What we got today we have bear market and rising wedge pattern, if we can't hold the support line this is so dangerous because this support line is strong support if we can't hold this strong support 3.2$ we going down 2$-1.5$. What is my option to confirm we going down?
1 - We have deceling volume and i market it, we have deceling trend line and succes 3x toches and we all know how volume work if the market is bearish? the price is geting low to low and volume sales increasing and when price is geting little bit high volume didn't increasing.
2 - In Price we have High to High this is bear divergence (i marked it)
and also we have OBV LOW to High if this is 2 thing is mixed together we have bear divergence
3 - MACD have bear divergence and cross to down side
4 - If Kijun can't hold this support we going down (i'm marked it red).We see soon if price can ingnore Kijun support and cross above Kijun this is strong singal to we going to down. We see in cloud we have support 3.2 position if we can't hold this support thaths the another bearish singal.
Hope my skills be helpful good luck everyone )))
1 - We have deceling volume and i market it, we have deceling trend line and succes 3x toches and we all know how volume work if the market is bearish? the price is geting low to low and volume sales increasing and when price is geting little bit high volume didn't increasing.
2 - In Price we have High to High this is bear divergence (i marked it)
and also we have OBV LOW to High if this is 2 thing is mixed together we have bear divergence
3 - MACD have bear divergence and cross to down side
4 - If Kijun can't hold this support we going down (i'm marked it red).We see soon if price can ingnore Kijun support and cross above Kijun this is strong singal to we going to down. We see in cloud we have support 3.2 position if we can't hold this support thaths the another bearish singal.
Hope my skills be helpful good luck everyone )))