Following the 11$ impulse from 24 - 35, price has retraced back to the 31 area where price is retesting previous resistance turned support. Price is also bouncing off ascending trendline of the triangle. I expect a breakout to the upside of course, but if it does break to the downside I expect price to drop to the 20 zone as this is a weekly support zone.
Fundamentally speaking Link has great upside potential in the long run 🚀
Iv already bought but I will wait for the breakout to buy again
Happy Trading 😃
This shouldn’t be considered financial advise, do your own research
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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.