LINK RSI Divergence, End of Uptrend?

In the midst of BTC sideways (9300-9000), LINK has shown great performance and reaches a new high. On the 4H chart, I discover a divergence between LINK price and RSI, and I think there is a possibility of an H&S forming.

Hence I am thinking of taking a short with a setup of E:8.22 SL:9.079 TP:7.1

Support my Ideas by giving it a Like and shown your interest for more free signals in the comment section.

コメント:

The volume is diverging too and by book, H&S will be playout with the decrease of volume as the H&S forming.

コメント:

LINK uptrend seems to come to consolidation, the 8.275is area serve as the support, let's wait for strong bearish candle to close below it before taking short.

コメント:

The drop has started

コメント:

We have broken the previous support 8.4, it is the time to break 7.8.

コメント:

As long as Chain doest regain it strength, 6,8 is possibke

コメント:

Another drop

コメント:

I could see LINK would testing 7.0 soon

コメント:

We are on the 2nd last support of ChainLink from the last upward movement. And from the RSI we could see a pullback has occurred, the possibility for RSI to rise, for those who want to BUY now is the chance. The current drop in price is needed ChainLink has gone to far and needed to be corrected.

For those following this signal from the beginning (8.2is area or higher) Remember to Take Profit, dont let your greed control you.

手動でトレードを終了しました:

I am sitting out of this trade now.

コメント:

If RSI could hold its position, I will post a Long Setup ASAP

コメント:

I think the price will go Sideways, so don't worry we won't miss the next bull run

コメント:

LINK cloud be ranging between 7.6 and 7.1 STAY ALERT