LINKUSD 4H. Is it reasonable to posit that the big short attempt from Zeus capital may of been a tempting money spinner for exchanges & others to push the price of LINK up and liquidate Zeus?
Whatever the case may be, LINK has slowly lost value, but how much further can it go down? I think to around $10.00. How much can it go up...If it can double top then it could be up into the supernals.
We have a price squeeze right now that will determine the immediate direction. I am watching trend line A & B for a break out either way. But, my trading instinct is bearish. The $ sign on my chart is where I think LINK is going.
Whatever the case may be, LINK has slowly lost value, but how much further can it go down? I think to around $10.00. How much can it go up...If it can double top then it could be up into the supernals.
We have a price squeeze right now that will determine the immediate direction. I am watching trend line A & B for a break out either way. But, my trading instinct is bearish. The $ sign on my chart is where I think LINK is going.
