iDoji

LINKUSD Price Turning To The Downside?

BINANCE:LINKUSD   ChainLink
LINKUSD. Neutral for now but I err on the bearish side. Failing to break the descending trend line will for me signal an unraveling of the LINK price. I see it being around $10.00 at some point in the medium term. I bought LINK at $1:60 so I am not allowing my heart to rule my trading head here. It's explosive growth does not match the project development and use yet. (But, I am first to acknowledge I am not a Fundamental Analyst). This chart may not age well, LINK has an amazingly bullish following!

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.