$LINK targeting $2.72?

23 Jul

LINK looks like it's on the verge of a breakdown of it's H&S top. Should price break below $12.78, the target for the move would be $2.72.

We just got our first red candle on the 2D heikin ashi which increases the likelihood that it rejects here and falls lower below $12.78.

Let's see how it plays out over the coming months.