Chainlink (LINK): Possible Fake Double Bottom Pattern !!!

2024年8月14日

We are back with Chainlink, where we are expecting a possible fake "double bottom" pattern to form here.

Now, taking into consideration that we had recently broken a neckline of the H&S pattern on a daily timeframe, we still have a lot of room to fall towards our major target zone. This break of pattern in a smaller timeframe would be the perfect setup for further movement to lower zones here!

Swallow Team

2024年8月15日

註釋

Chainlink is s till below the resistance zone, looking for a

We are still looking for pressure from sellers to grow so gameplain remains the same!

2024年8月16日

註釋

Chainlink has had a sharp sell-off (large red candle), which is showing us a demand for further movement in the lower zones here.

Our gameplan has not changed and we are looking for a price to reach that lower zone of liquidity here!

2024年9月16日

註釋

While Chainlink did nothing like we wanted to see price still had a nice small movement to lower zones here as well as to upper zones.

As of now, the price is slightly below our entry so idea has been canceled