Following my previous analysis, LINK seems to have lost a bit of strength.
We may need to consolidate a little bit to gain strength to tackle the 18.5 resistance.
We may see buying opportunities around ~15.9 before a nice rise to previous highs.
We will need to keep under watch but the selling pressure does not seem like it is anything to worry about (for now).
overall, as long as this leg up does not end up undercutting prvious lows (around 14.9) we should be good for another rise in the short-med future.
not financial advice.
stay safe.
We may need to consolidate a little bit to gain strength to tackle the 18.5 resistance.
We may see buying opportunities around ~15.9 before a nice rise to previous highs.
We will need to keep under watch but the selling pressure does not seem like it is anything to worry about (for now).
overall, as long as this leg up does not end up undercutting prvious lows (around 14.9) we should be good for another rise in the short-med future.
not financial advice.
stay safe.
Comment:
very nice
