LINK/BTC analysis prior BitcoinSuperConference

16 feb 2018

The 4h chart of ChainLink is forming a cup and handle .On breaching the handle upwards an upward movement may be expected to the major resistance marked by the pink line .
A divergence is observed within the vertical dotted lines denoting the slowing momentum .
The CCI pullback rebounded from the -100 level which may be considered as an evidence of continuing of short term current momentum.
The MACD is converging to form a buy signal.
What are your views?


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