Technical analysis by channelchartist about Symbol LINK: Buy recommendation (12/31/2022)

So we have to consider the bearish scenarios as well, even though I think this is a lower probability, at this point. Another month down will raise that probability of this playing out. While still bullish long term, this is not the chart link holders (myself included) want to see, but the crypto space still has some flushing/rinsing to do before we bottom. This shows a multi year consolidation/correction.If crypto is to survive and thrive, Chainlink HAS to be part of the story. If you don’t understand this, then I recommend researching CL.