Short
LINK heading towards the bottom of the wedge
LINK has been rejected at the resistance line of the falling wedge. I expect a drop towards the 1.236 - 1.382 fib extension. These level coinside with the bottom of the falling wedge.
Nevertheless a short term little bounce could be possible from the current support level (0.618 fib).
Nevertheless a short term little bounce could be possible from the current support level (0.618 fib).
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.