Priceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined...
. ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. While the price uptrend in the Daily chart is not broken, bullish wave in price would continue.
. There is a possibility of temporary...