With crypto red across the board today, we took a look at Chainlink. Chainlink was enjoying a nice green candle as BTC was falling below 9500 and ETH pressed 188.
Chainlink, like many alts, has retraced 23% of its recent decline. We have seen altcoins make significant moves to test their respective 23% Fib numbers -and then fail.
So, it's excellent that Chainlink is up on a day everything else is down. It has to make another significant advance before we can see that the Chainlink rally is anything other than a bear market rally.
Chainlink, like many alts, has retraced 23% of its recent decline. We have seen altcoins make significant moves to test their respective 23% Fib numbers -and then fail.
So, it's excellent that Chainlink is up on a day everything else is down. It has to make another significant advance before we can see that the Chainlink rally is anything other than a bear market rally.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.