Finally BTC showed some real red candles and it wasn't good for ALTs. NOW LINK just left ascending channel on Hourly timeframes, But its still trending into bigger ascending channel.
We except a continuation on Stochastic RSI till Channels bottom, Then pullback is possible. Also MACD is going dipper, So Channel's bottom is a good point to enter if pullback confirmed.
📍 If LINK reject channel then next stops will be 10$ and 8.5$...
🔴 Market is volatile now and BTC will do some sideway movement, so don't take position with high leverage.
Attention : this is not a financial advise we just try to help people on their own vision.
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.