UPDATE: LINK Consolidation Before Major Price Action
LINK Update:
LINK appears to be forming a rising wedge, which in most cases is a bullish pattern. However, if you zoom out, it can also appear to be forming an inverse head and shoulds, which would support the narrative of LINK putting another leg down to re-test the $12.00 region and lower. But, the market seems to have a bullish sentiment, thus a re-test of the $12.00 does not seem as likely but not out of the question.
LINK appears to be forming a rising wedge, which in most cases is a bullish pattern. However, if you zoom out, it can also appear to be forming an inverse head and shoulds, which would support the narrative of LINK putting another leg down to re-test the $12.00 region and lower. But, the market seems to have a bullish sentiment, thus a re-test of the $12.00 does not seem as likely but not out of the question.