Let's start with the fact that started working out just a few hours after publication. Also, the current situation on LINK fits into , which is already 3 months from the publication date.
Having reached the targets near $11, the LINK price began to bounce. After testing for strength $14.8 first, buyers stopped. However, a new buyers' attempt to attack gave worse results. From 4 to 6 December, buyers had enough strength to test $13.5. Of course, if BTC breaks the consolidation up now, LINK may join. But there is a doubt that the price after fixing above $13.50 will be able to grow above $15.
It is more likely that the price will lower below $12.30 and drop out of the channel. And when this happens, the first level from which a strong corrective bounce can be expected will be $8.80. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)