LINK - two possibilities
Hi
Everyone is talking about Link these days. As we can see the price has been moving in an uptrend channel and it has retested the resistance line for three times already.
Also, the middle line has acted as support line for some time, however it was briefy broken.
Link is currently trading near the resistance line where is getting rejected and in my opinion there are two options right now.
Either, we will retest the middle line and follow the "orange" path, or the bears will push the price bellow that and retest the bottom support line, and folow the black path.
Let me know what you think it will happen.
Everyone is talking about Link these days. As we can see the price has been moving in an uptrend channel and it has retested the resistance line for three times already.
Also, the middle line has acted as support line for some time, however it was briefy broken.
Link is currently trading near the resistance line where is getting rejected and in my opinion there are two options right now.
Either, we will retest the middle line and follow the "orange" path, or the bears will push the price bellow that and retest the bottom support line, and folow the black path.
Let me know what you think it will happen.
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