Wolf

[LINK] Still in a bearish trend

BINANCE:LINKBTC   ChainLink / Bitcoin
Link still carries over the August 2020 "pre-pump" correction and has not performed well against other coins in this 2021 bullrun.
This can be demonstrated in this chart and IT IS STILL BEARISH. There is no confirmation yet that Link is going up by itself.

In the LOG chart, it has good and simple wave formations. I would expect either a sudden breakup or a 40k-60k consolidation before breaking up again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.