๐ฅ LINK Dead Cat Bounce: More Temporary Upside Likely
ืืขืืืื
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.
ืืขืจื
Acending channel = Descending channel. Typo!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
ืคืจืกืืืื ืงืฉืืจืื
ืืชื ืืืชืืจ
ืืืืืข ืืืคืจืกืืืื ืืื ื ืืืืจืื ืืืืืช, ืืืื ื ืืืืืื, ืขืฆืืช ืคืื ื ืกืืืช, ืืฉืงืขืืช, ืืกืืจ ืื ืกืืืื ืืืจืื ืฉื ืขืฆืืช ืื ืืืืฆืืช ืฉืกืืคืงื ืื ืืืืฉืจืื ืขื ืืื TradingView. ืงืจื ืขืื ืืชื ืืื ืืืืืืืืช.