Technical analysis by TipsOfPips about Symbol LINK: Buy recommendation (2/7/2025)

On the daily timeframe LINK has made a very clear bullish channel formation.Since finishing the formation is has shown some strength and has reconsolidated above 4H support.Good chance this is ready to continue higher.Bitcoin also shows similar bullish structure on the 4H.Chance of success: 3/10Risk to reward: 9/10Trade rating: 6/10