Link is still above a key support level , what's next ?Hello Traders 🐺
In this idea I'm goanna about to take a quick look on LINK because as you might already known I'm a big fan of LINK and I think it's about to do extremely well in this cycle ;
As you can see in the chart price is already above a key support level which is monthly support and created a lower low in the price but higher lows in the RSI value , which cause to this bullish divergence , also LINK/ETH is showing some strength again so that means we are about to see LINK out performing ETH in this Altcoin Season because LINK/ETH chart have a strong bullish pattern on the monthly chart , you can also check it here :
as you can see what we have here , is a double bottom formation on the monthly chart , my price target for it is somewhere around 0.5 or 0.618 fib level .
in the short term I expect a test to green resistance line ; act accordingly my friends also I posted a very important idea about BTC.D here , make sure to read it carefully because it's also even more important than this idea :
