Bit360
05/31 04:39
Chainlink’s

The bears are trying to sustain the price below the neckline of the inverse H&S pattern. If they succeed, it suggests that the markets have rejected the breakout from the bullish setup. That could sink the LINK/USDT pair to $13.20, extending the stay inside the descending channel pattern for some more time.
The first sign of strength will be a break and close above $18. Such a move suggests solid buying at lower levels and opens the doors for a rally to the pattern target of $20.50.
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