LINKUSD has formed a bullish reversal pattern from key support increasing the chances that it heads up towards all time highs in the near future. LINK's relative strength versus BTC and ETH also makes it more likely that LINK will outperform the other 2 major cryptocurrency's in the near future.
Note
Price pulled back and then formed a bullish engulfing bar on 6H from support. This still looks like it is getting ready for takeoff.
Note
LINK is struggling a bit, but the pattern has not been invalidated yet so still looking for a breakout.
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.