Excuse the shitty and quickly drawn lines, did it in about 2 seconds. Anywayyyyy, if you are one who is in LINK for long term and you HODL, then right now is a great buy opportunity. You buy in the circles/ bottom of the channel.
If we break below 19.7 - then we might go and bounce of 18.1 (this is where i would be putting in a low leverage long)