🔥 LINK 2.5 Year Macro Uptrend: Massive Move Soon?
Since it's inception on Binance, LINK has been trading in a huge bullish channel. This bullish channel has brought the price all the way from 50 cents to $50, making LINK one of the top gainers from before the bull-run.
In case this macro uptrend will hold, we can expect a major shift in trend for LINK. LINK has been trading bearish since May 10th, so a shift in direction would be more than welcome for LINK holders.
Furthermore, the picture above indicates that the amount of long-trades on LINK (Bitfinex) are at an all-time high, further strenghtening the bullish narrative.
Assuming LINK will trade bullish from here on, we can expect a >$100 within the next year or so, making it a very decent long-term investment.
Happy trading!
In case this macro uptrend will hold, we can expect a major shift in trend for LINK. LINK has been trading bearish since May 10th, so a shift in direction would be more than welcome for LINK holders.
Furthermore, the picture above indicates that the amount of long-trades on LINK (Bitfinex) are at an all-time high, further strenghtening the bullish narrative.
Assuming LINK will trade bullish from here on, we can expect a >$100 within the next year or so, making it a very decent long-term investment.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.