Chainlink Price Analysis: Possible inverse H+S
Welcome back traders, this is a tough pattern to ignore. It is choppy, but there is a possible inverse H+S pattern nearing confirmation on the 1h. The pattern would call for highs between $16.50-$16.75. We want to see support from the Bollinger Band middle and the 9h moving average for continuation of the pattern.
Disclaimer: This is NOT trading advice, nor financial advice! These are merely my opinions that I have posted for educational purposes ONLY. Trading comes with great risk, which should be managed carefully. You should never trade anything more than you are willing to lose. I hope you all kill it, but I am not responsible for any financial loss or damages. Thanks for reading!
Disclaimer: This is NOT trading advice, nor financial advice! These are merely my opinions that I have posted for educational purposes ONLY. Trading comes with great risk, which should be managed carefully. You should never trade anything more than you are willing to lose. I hope you all kill it, but I am not responsible for any financial loss or damages. Thanks for reading!