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LINKUSDT has been overall bearish after seeing a swing high of $52.
LINK is currently trading inside a downtrend black channel.
On the daily chart i found out that price is sitting in between the 8.3 and 6.00 support, which we all know price is actually low at that point.
LINK should be bullish soon, cus it has touch the 1D overall support.
BUY SETUP: Wait for price to break and retest above the local resistance to trigger a buy to the $35 area.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
LINKUSDT has been overall bearish after seeing a swing high of $52.
LINK is currently trading inside a downtrend black channel.
On the daily chart i found out that price is sitting in between the 8.3 and 6.00 support, which we all know price is actually low at that point.
LINK should be bullish soon, cus it has touch the 1D overall support.
BUY SETUP: Wait for price to break and retest above the local resistance to trigger a buy to the $35 area.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
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