On the $LINK 4-hour chart, the bearish momentum histogram dragged on for 6 four-hour candles, and I stuck it out for all 6. It finally made a golden cross, but my dark circles are still there.
But this golden cross is below the zero line, so technically it only counts as a rebound signal—like my health checkup results going from “terrible” to “not quite as bad”: it’s real progress, but I’m still a long way from “good.”
Where do you think it’s headed next? Leave a comment, and we’ll compare notes later.
But this golden cross is below the zero line, so technically it only counts as a rebound signal—like my health checkup results going from “terrible” to “not quite as bad”: it’s real progress, but I’m still a long way from “good.”
Where do you think it’s headed next? Leave a comment, and we’ll compare notes later.
