Link - is getting ready to sky rocket 😱🚀🚀
The LINK on the daily timeframe got close to the trend line. If price continues to squeeze and breaks this trend line, it could be a good buying opportunity.
But as Bitcoin has been rising for a long time without any correction or consolidation, we should be careful when buying altcoins, the local situation on the bitcoin chart is not good and from the technical analysis side, there might be a local correction, which will affect altcoins a lot.
Therefore, we should also note the second scenario, when the price corrects to a local low and then breaks the trendline and goes up.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
But as Bitcoin has been rising for a long time without any correction or consolidation, we should be careful when buying altcoins, the local situation on the bitcoin chart is not good and from the technical analysis side, there might be a local correction, which will affect altcoins a lot.
Therefore, we should also note the second scenario, when the price corrects to a local low and then breaks the trendline and goes up.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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