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15.03.202406:06 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Chainlink Cryptocurrency, Friday March 15 2024.

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With the appearance of the deviation between Chainlink cryptocurrency with Stochastic Oscillator indicator on the 4 hour chart, as well as confirmed by the appearance of Bearish 123 pattern, then in the near future Chainlink has the potential to weaken down to the level of 18.40976 if this levels successfully broken down, then level of 16.84251 will be the next target to be aimed as long as on the way to those level target if suddenly Chainlink reverse to its initial bias and break above the level 21.94503 then all the weakness scenario that has been described previously will be invalid and cancel itself.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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