LinkUSDT
LINK has been lagging the market a little. A lot of tokens are seeing substantial gains, but not LINK.
Since the September lows, LINK is trading in a tight bullish channel pattern. With the market showing exceptional strength lately, there's a decent chance that LINK will break out of this channel pattern in the near future. In that case, I'm looking at the $32 resistance for a short-term target.
However, keep in mind that a minor correction is currently on its way, which could send LINK down. In that case, keep an eye on the channel support line for a potential reversal trade.
Happy trading!
Since the September lows, LINK is trading in a tight bullish channel pattern. With the market showing exceptional strength lately, there's a decent chance that LINK will break out of this channel pattern in the near future. In that case, I'm looking at the $32 resistance for a short-term target.
However, keep in mind that a minor correction is currently on its way, which could send LINK down. In that case, keep an eye on the channel support line for a potential reversal trade.
Happy trading!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.