ChainLink / Bitcoin
Updated

Analysis: Chainlink Bubble Burst! Be Ready!

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Every time I see people post something like this, I will be cautious. Fake gurus and media likes catch readers eyeball, do they really know the technical analysis before they give the conclusion? I highly double it. Besides that, LINK is one of the best performance altcoins when BTC in the short term bear market. It tells me that LINK is special and different than other coins.

Look at the chart, LINK broke through the ascending triangle and now consolidating around the top of the triangle. I highlighted in the red area. I would like to see LINK hold in the level and move up from there, ideally, consolidates for a while to form a solid support level, that is a very bullish sign for me. If not, I will wait before deploying my money.

Safe trade guys.
Note
snapshot

Nothing wrong to add some LINK here. Its a strong support level, and I think there are accumulations happening now..

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