Link Head and Shoulder on 4 hr Chart (Price target 13-14)
Hello, guys, link has formed head and shoulder on 4 hr chart. The potential target is 13-14. As you can see, it has broken down the neckline, the price is trading below the neckline right now. I remain bearish as long as it does not go back above the neckline. There is also a support at around 13.50. If the support is not strong enough. Price can go even further down. Lets see how it plays out. Also, the crypto market is bearish in the big environment lately. There is a lot of FUD, especially fed talk pending. Not a financial advice.
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