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Technical analysis by igreycrypto about Symbol LINK: Sell recommendation (12/15/2024)

https://sahmeto.com/message/3068539
igreycrypto
igreycrypto
Rank: 14655
1.5

Chainlink LINK/USDT: SHORT, Bearish Divergence Detected.

Sell
Price at Publish Time:
$29.23
Sell،Technical،igreycrypto

Leveraging our Adapted RSI w/ Regime Detection we can easily identify this bearish divergence alongside the weekly rsi signal suggesting Sell.Whilst higher timeframe orderflow is still bullish upon retest of $22-$23 - I would keep a close eye on intraday order flow heading into early this week as we have important economic data, notably BOJ policy rates decision later in the week, which implies increased volatility and likely, manipulation.

Source Message: TradingView
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