Chainlink price could dive to the lowest point in over a month

in hive-116221 •  4 years ago 

STEEM POSTS

Chainlink price seems to be forming a head-and-shoulders pattern on its 4-hour chart. But to complete the right shoulder of this bearish formation, LINK could first rise to $45 and then retrace to $29. 

Breaking through the pattern's neckline at $29 will confirm the bearish outlook and lead to a 44% decline. Indeed, slicing through this support level could see Chainlink price plummet to the 200-day moving average at $25. 


Shared On DLIKE

hive-116221 dlike steem chainlink
4 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  4 years ago 

    Copying/Pasting full or partial texts with adding very little original content are frowned upon. Repeated copy/paste posts could be considered spam.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  4 years ago 

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        Reveal Comment