FieryTrading

🔥 LINK Potential New Buy In: Long Term Channel Analysis

Short
FieryTrading Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK has been one of the most amazing crypto's ever. Great team and great community behind it. More than 8,00% returns over the last two years.

As seen on the chart, LINK appears to be touching the top of the channel resistance, which has been historically signaling a bearish move ahead.

This post is to indicate that current investors are looking to take some profits in the near future, potentially launching LINK into a correction. In case that happens, look out for the yellow marked area as a potential buy-in in the future.

Happy trading!
Comment:
Seems to be some confusion in the comments. This is not a SHORT trade, it's a potential LONG trade. I'm eyeing the yellow marked area to BUY IN again, in case LINK falls. If it doesn't, it's alright. Plenty of opportunities in the market!

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