LINK - Once A Castle; Always A Castle! 🏚

2 Jan 2023Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

LINK has been stuck inside a big range in green between 5.0 and 10.0 and it is currently sitting around the lower bound (5.0) so we will be looking for buy setups.

For the bulls to take over, we need a break from a short-term perspective, we need a break above the last minor resistance in orange around 6.5.

And for the bulls to take over from a medium-term perspective and then a long-term perspective, we need a break above the upper orange zone and green zone respectively.

Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich