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Technical analysis by GregTheSpider69 about Symbol LINK: Buy recommendation (10/8/2023)

https://sahmeto.com/message/485494
GregTheSpider69
GregTheSpider69
Rank: 2490
2.1
Buy،Technical،GregTheSpider69

I think LINK is forming a cup and handle formation and is right now in the process of forming a handle which will give us the momentum needed to break out of LINKS long accumulation range.You can see volitility on LINK as low as it has been since august.Today we have broken out of a year long descending trendline. A close above 9.5 USD would indicate that we are truly leaving this hellish accumulation zone. Hopefully for good.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$7.66
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