thecardiak

Head and shoulders have formed on LINK

Short
thecardiak Updated   
BINANCE:LINKUSD   ChainLink
Is LINK bullish enough to ignore this? And that is one big head if it drops. Volume isn't perfect but it is decreasing throughout the pattern as well
Comment:
Look for LINK to drop to $7.60 in the coming days/weeks ahead. That will likely be the first buy back area if you want a short lived bounce to grab some fast easy gains. Don't see this bull run continuing for another leg until maybe early spring at best. Just a long retrace and consolidation for now
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.