🔥 LINK Dead Cat Bounce: More Temporary Upside Likely
Обновлено
LINK is one of the few larger cap tokens who's seeing decent inflows from investors, it already gained over 70% since bottoming out a couple of weeks ago.
However, I'm betting that this is just a dead cat bounce. LINK has been trading in a relatively stable ascending channel. If I were a bear, I'd be shorting (and/or taking profits) at the top of the channel, causing relative weakness with a potential trend reversal as an outcome.
For now, I think there's more juice in this move. Be aware that once BTC starts dropping, LINK will follow.
However, I'm betting that this is just a dead cat bounce. LINK has been trading in a relatively stable ascending channel. If I were a bear, I'd be shorting (and/or taking profits) at the top of the channel, causing relative weakness with a potential trend reversal as an outcome.
For now, I think there's more juice in this move. Be aware that once BTC starts dropping, LINK will follow.
Комментарий
Acending channel = Descending channel. Typo!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.