Technical analysis by Altsignals about Symbol LINK on 3/8/2022

ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal. We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile! A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave. Trade idea: - Watch for a strong breakout. Use the red descending trendline as confirmation - Once price action appears, enter with stops below the lows - Target the recent highs as first target and HODL the rest as we may see the next big bull run Goodluck!