Link/USD Rising wedge backtest + hidden bullish divergence

2021年7月2日

Chainlink is looking pretty interesting as it has broken out of a rising wedge and is back testing the resistance as support. We also have support coming in from the previous high of 2020. There is also a hidden bullish divergence playing out on the MACD indicating a possible move towards the upside if BTC doesn't take a big shit that is. The $18 area is a pretty solid entry imo and I have also placed out targets according to fib levels. Good luck traders!