$LINK - Still on a uptrend
My analysis:
- RSI has a pattern on the 4H chart.
- LINK is still trading inside the channel and not below the red line
- There's still a possibility to get above $4.00 target $4.20
- No clear signs of HIGH VOLUME sell offs yet - I think it still has room to go up closer to the ATH.
My concern is bitcoin on the weekly chart is at it's MAJOR resistance area. It did broke above the 20 EMA but now is at a critical area. I may not be bullish post halving because of sell offs on previous halvings. I'm still very indecisive, we'll have to see next week.
- RSI has a pattern on the 4H chart.
- LINK is still trading inside the channel and not below the red line
- There's still a possibility to get above $4.00 target $4.20
- No clear signs of HIGH VOLUME sell offs yet - I think it still has room to go up closer to the ATH.
My concern is bitcoin on the weekly chart is at it's MAJOR resistance area. It did broke above the 20 EMA but now is at a critical area. I may not be bullish post halving because of sell offs on previous halvings. I'm still very indecisive, we'll have to see next week.
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