IS LINK BULLISH???

8 Kas 2022

We see LINK make a nice 44% gain from Oct 23.

But is this a reversal to the upside??

If we zoom out and look at the bigger picture of the chart, we can clearly see LINK is in range mode between 6.2 to 9.366

At the time of writing this range is approx 186 days old.

As traders, when we are in a ranging market, it is best to TRADE THE RANGE UNTIL IT BREAKS.
What does this mean? It means to "buy low, sell high"

I do not see any change in volume for LINK and therefore am not bullish on this chart...
My POI is the weekly level of 9.266.


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8 Kas 2022

Not

We see LINK make one more attempt to the upside, this morning, finding resistance at he weekly AND also diagonal line of resistance.
SFP.
Bearish.
Expect lower targets.

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