As shown in the chart LINK has bounced back from the lower lowes to the higher high's and we are currently seeing its bullish Ascending Triangle formation on the 1D chart. Although It's facing some resistance as shown here we are expecting to hit our price targets within this week.
Commento:
As of today's update at 12:40 am central, Link has reached both price targets 31 and 32 dollars which formed a resistance line. Still seeing an Ascending Triangle formation and the price is resting right on the 20 ema at 26 and above the 200 ema. Im still bullish on Link and as long it remains above the 200 ema and it doesn't break the support level at 21 dollars we will still be bullish. On top of all this, I personally feel like Link is forming a price consolidation after its major downtrend that ended in July. Dont take my word for that! Feel free to comment on your thoughts