$LINK Today: -6.8%, weaker than $BTC . $BTC Today: -1.1%. It surged to $9.374, and is now at $9.2. RSI 73.9—overbought.
$9.374 is capping the price, while $8.574 is providing support below. The price is stuck near the highs.
After becoming overbought, there are only two possibilities: consolidate sideways or turn back to seek support. The key is whether the next few candlesticks can hold at the current price.
Which are you more concerned about: whether $9.374 will truly break through, or whether $8.574 will be breached?
#币圈 #LINK
$9.374 is capping the price, while $8.574 is providing support below. The price is stuck near the highs.
After becoming overbought, there are only two possibilities: consolidate sideways or turn back to seek support. The key is whether the next few candlesticks can hold at the current price.
Which are you more concerned about: whether $9.374 will truly break through, or whether $8.574 will be breached?
#币圈 #LINK
