LINK has produced a beautiful pennant on the 4H chart. Link is one of the few large caps which hasn't seen big gains lately, which makes me believe that there's a lot of upside potential for this coin.
The price will either shoot towards the resistances directly, or it will bounce off the upper trend line. The first case seems more likely at the moment.
I'm expecting a lot of selling pressure around Resistance 1 and Resistance 2, trade carefully around those areas.
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.