LINK has finally broken its long term downtrend and reclaimed momentum.
Price made a strong breakout and is now pulling back toward the retest zone around the previous trendline. If this area holds as support, LINK may continue its upward move toward higher targets. Structure looks clean and bullish as long as the retest confirms support.
Price made a strong breakout and is now pulling back toward the retest zone around the previous trendline. If this area holds as support, LINK may continue its upward move toward higher targets. Structure looks clean and bullish as long as the retest confirms support.
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Disclaimer
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.