Chainlink (LINK): Possible Head & Shoulders on Smaller TF
2024-12-24
Category: None

Chainlink has made a nice decline where we bounced right off as well. 

We expect to see a smaller recovery to further upper zones and then a possible H&S pattern to form on smaller timeframes where we will be looking for a weakness near the right shoulder to form. 

Once we see it, we will be looking for a possible downward movement to the neckline zone (support zone).

Swallow Team