#LINKUSDT – Head and Shoulders Pattern Confirmation
On the weekly chart, $LINK stock closed a candle below the neckline of the Head and Shoulders pattern, indicating the start of a downtrend.
Below this level, there is no significant support until the 5-6 dollar level.
It is unlikely that the price will drop directly to this level; a temporary rise may occur. Take advantage of this increase to exit high-priced trades or look for selling opportunities.
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BasheerAlgundubi
· 5h ago
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It is unlikely that the price will drop directly to this level; a temporary rise may occur. Take advantage of this increase to exit high-priced trades or look for selling opportunities.
#LINKUSDT – Head and Shoulders Pattern Confirmation
On the weekly chart, $LINK stock closed a candle below the neckline of the Head and Shoulders pattern, indicating the start of a downtrend.
Below this level, there is no significant support until the 5-6 dollar level.
It is unlikely that the price will drop directly to this level; a temporary rise may occur. Take advantage of this increase to exit high-priced trades or look for selling opportunities.
Join us for more chart analyses, important news, key market events, discussions, and much more – click Follow on our profile page.
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