This Chainlink crypto is in a unique spot at the moment.
Bias - Bullish
Price is currently hovering above multiple Order Blocks that are stacked within and on top of each other. This is a thing of patience, allowing certain things to take place before making a move to risk your capital. Price normally leave clues (ALWAYS look left), and the times you find yourself questioning what's transpiring is when you should take a gotdamn walk around your neighborhood with Sparky. To hell with "FOMO"!!!
Confluence (3 or more):
1. Price entered bullish Order Block March 16, '20.
2. Price Action moved into Order Block in strong fashion. Profit Margin.
3. Price is printing HHs & HLs. Support.
4. Multiple Order Blocks are stacked in bull's favor.
5. Upper Order Block (0.000499.30 - 0.00052647) was breached. Precursor
6. Candle bodies are getting smaller. Compression.
I wouldn't be surprised to see the bears push price further down before it actually start heading further up. If that happens then of course that diagonal support will be broken, but I would not look for any short opportunities in that area. Patience & steady hands is everything! We shall see.
Bias - Bullish
Price is currently hovering above multiple Order Blocks that are stacked within and on top of each other. This is a thing of patience, allowing certain things to take place before making a move to risk your capital. Price normally leave clues (ALWAYS look left), and the times you find yourself questioning what's transpiring is when you should take a gotdamn walk around your neighborhood with Sparky. To hell with "FOMO"!!!
Confluence (3 or more):
1. Price entered bullish Order Block March 16, '20.
2. Price Action moved into Order Block in strong fashion. Profit Margin.
3. Price is printing HHs & HLs. Support.
4. Multiple Order Blocks are stacked in bull's favor.
5. Upper Order Block (0.000499.30 - 0.00052647) was breached. Precursor
6. Candle bodies are getting smaller. Compression.
I wouldn't be surprised to see the bears push price further down before it actually start heading further up. If that happens then of course that diagonal support will be broken, but I would not look for any short opportunities in that area. Patience & steady hands is everything! We shall see.