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MysteriousPersian
May 19, 2020 1:08 PM

LINK correcting down but still trending up in a smaller channel 

ChainLink / TetherUSBinance

Description

Looking to where this goes next. The smaller ascending channel could be respected and it could continue lower but the long term weekly chart shows that the bias is still to the downward direction due to the many long term reversal signs the weekly and monthly candles are flashing.

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Comment

Breakout on this coin. looks like it could see a more severe price increase

Comment

Looks like a struggle at the bottom of the channel. Could be a breakdown here
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