Link holds up well. After falling to support, we bounced back quite quickly. We wouldn't buy LINK at this point.
If you are in a position, keep a close eye on the resistance at $19.84. If Link can break through it and gain a foothold above, then we can consider taking subsequent targets marked with blue lines.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
If you are in a position, keep a close eye on the resistance at $19.84. If Link can break through it and gain a foothold above, then we can consider taking subsequent targets marked with blue lines.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Comment:
The price is fixed above the resistance of $19.84
Comment:
Update
The price was unable to gain a foothold above the $19.84 level the first time.
The bearish divergence is clearly visible on the daily chart. The further outcome of this situation will directly depend on Bitcoin. For further growth, the upper boundary of the green channel must withstand subsequent pressure from sellers.
The price was unable to gain a foothold above the $19.84 level the first time.
The bearish divergence is clearly visible on the daily chart. The further outcome of this situation will directly depend on Bitcoin. For further growth, the upper boundary of the green channel must withstand subsequent pressure from sellers.