ChainLink Pattern Formation
2024-11-16

This coin has been a rising flag for the past few weeks, and I do anticipate that the coin  might continue with the bullish momentum considering that it broke out of the structure.

Currently, it is retesting the upper trendline and we have to wait for an entry position. I anticipate that the price might retest the previous fib level based on the ATL and ATH.

An analysis using the lower time frame will follow when we enter the trade.