TradingView
Primeor
May 6, 2021 5:27 PM

LINK ready for a breakout 

ChainLink / TetherUS PERPETUAL CONTRACTBinance

Description

  • descending wedge has formed
  • RSI trend line being resisted
  • just needs more volume and we have a breakout

Comment

-LINK has broken out of the wedge and attempts a new high,
-breakout was stopped by a huge sell wall,
-minor sell off is healthy, expect others to accumulate.

Comment

fell under the previous accumulation zone,
found new support and accumulation zone.

Comment

BTC unstable, a sell off is probable,
More