LINK Breakout or Breakdown
Updated
Here on the hourly after main net announcement, we have reached some consolidation with some selling pressure. This has created a triangle that is now at the end and is imminent for a move. Binance, is the leading exchange in terms of volume for LINK and will be back up for trade in the coming hours. I am expecting a lot of volatility at the open with new deposits clearing and a potential flood for alts.
Note
Trade scenario took longer than expected due to Binance update. LINK did mange to find support around 79 cents and we are on our way to test main net announcement high. A break with volume should push us to $1.00
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