Looks to me like a descending right angle within a larger symmetrical triangle. This would suggest continuation to the downside. Link is a beast so who knows. I placed some potential buy zones on the chart. Finally there is a channel in green at the bottom which I would not suspect we re-enter. If we ever made it at that low I would expect an unbelievable buy zone opportunity and a nice bounce. A I said before, when I see people posting about purchasing 100 dollars worth of Link after it has already gone to 8 dollars, I think that this is the current local top. Things to me seem like they should cool off.
As usual...The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
As usual...The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
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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.