ChainLink / TetherUSSatış
Possible head and shoulders pattern
Hello everyone,
This is my first attempt to publish an idea, so please bare with me.
LINK/USDT on the 4 hour looked to me like it may have finished a small head and shoulders pattern indicating a breakdown.
If this were to occur I assume two scenarios:
1. correction to the weekly MA
2. correction to a long line of support, just above the monthly MA
AS I am a fairly new trader, I don't know how large a pattern like this should be to be considered a head and shoulders. This one looks quite small, so it might not lead to any downward movement. Please share your thoughts! Thanks for the read :)
This is my first attempt to publish an idea, so please bare with me.
LINK/USDT on the 4 hour looked to me like it may have finished a small head and shoulders pattern indicating a breakdown.
If this were to occur I assume two scenarios:
1. correction to the weekly MA
2. correction to a long line of support, just above the monthly MA
AS I am a fairly new trader, I don't know how large a pattern like this should be to be considered a head and shoulders. This one looks quite small, so it might not lead to any downward movement. Please share your thoughts! Thanks for the read :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.