Looking to me like link has broken a daily down trend and may be attempting to establish some support. On the hourly levels it has broken a down trend and appears like it may want to begin building stairs. Looking at bitcoin I believe we have potential to also break a down trend and if so, we could have great momentum to attempt breaking into the previous range. I feel today will show us a lot about short term price action to come.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.