LINK/BTC TA Update (1 more pullback before reversal?)

2020年3月11日

LINK/BTC

LINK hit the top of the ascending channel trend-line resistance with a decline in volume. The RSI is also showing weakness from the buyers.
This is not good, LINK is might be getting ready for a potential reversal. We may see another pullback to retest the ascending support trend-line between 40000 sats area.
If we get to that point, that will be its decision time to continue higher or go back to the mean.