Link has now three fakeouts above the $15 key level. The last two fakeouts resulted in price going sub $10. Now Price is back inside the large triangle. All of this is very bearish unfortunately.
Yet I still think link is one best investment and $85 target is for October even if it goes down to $5. Below $5 it breaks the longterm upward trendline.
Yet I still think link is one best investment and $85 target is for October even if it goes down to $5. Below $5 it breaks the longterm upward trendline.
Comment:
Can pop back up above the $15 key level or can stay within the triangle, in both case the big pump is broken and price action is now corrective and bearish.
Comment:
Link daily closed outside the triangle on support. Although currently price is inside the triangle. If price holds above the 13.2 support we might see a bounce.
