LINK - Once A Castle; Always A Castle! 🏚

21 nov. 2022

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

LINK has been stuck inside a big range in green between 5.0 and 10.0

For the bulls to take over from a long-term perspective, we need a break above the upper bound of the range and round number 10.0

Meanwhile, since we are approaching the lower bound (5.0) we will be looking for buy setups on lower timeframes.

For the bulls to take over from a short-term perspective, a break above the last minor resistance in orange around 6.5

Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich