krr1337

Potential short term pullback

Short
BINANCE:LINKUSDT   ChainLink / TetherUS
Trendlines plotted via MACD crosses. Bearish divergence between MACD and price action - potentially losing momentum. Pullback to 3. 40 node region is a possibility provided Bitcoin doesn't drag it up higher.
Comment: Touched the volume node at 3.45 and bounced. Personally I think it still has a chance of coming back to test 3.40.
Comment: Looking back at this, the result was a wick to 3.28 followed by a run to 20 dollars. The price action never returned to this level. I'm quite impressed with myself on this one!