🔥 LINK Potential New Buy In: Long Term Channel Analysis
Updated
LINK has been one of the most amazing crypto's ever. Great team and great community behind it. More than 8,00% returns over the last two years.
As seen on the chart, LINK appears to be touching the top of the channel resistance, which has been historically signaling a bearish move ahead.
This post is to indicate that current investors are looking to take some profits in the near future, potentially launching LINK into a correction. In case that happens, look out for the yellow marked area as a potential buy-in in the future.
Happy trading!
As seen on the chart, LINK appears to be touching the top of the channel resistance, which has been historically signaling a bearish move ahead.
This post is to indicate that current investors are looking to take some profits in the near future, potentially launching LINK into a correction. In case that happens, look out for the yellow marked area as a potential buy-in in the future.
Happy trading!
Comment
Seems to be some confusion in the comments. This is not a SHORT trade, it's a potential LONG trade. I'm eyeing the yellow marked area to BUY IN again, in case LINK falls. If it doesn't, it's alright. Plenty of opportunities in the market!
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✅Monster Signals: t.me/monster_cryptosignals
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