10.13 is doing all the work on $LINK right now.
Saturday night it wicked there and bounced. Today it came back and tagged 10.10, bounced again. So the floor is holding for now but every bounce is weaker, 11.79 then 10.83 then barely 10.69.
Thats lower highs into the same support and honestly that usually ends with support giving way, not the other way round.
For me a 4h close under 10.10 puts round 10 in play and theres not much under that on this chart.
Bulls need a reclaim of 10.50 first, and only above 10.83 would I stop calling this a downtrend.
Saturday night it wicked there and bounced. Today it came back and tagged 10.10, bounced again. So the floor is holding for now but every bounce is weaker, 11.79 then 10.83 then barely 10.69.
Thats lower highs into the same support and honestly that usually ends with support giving way, not the other way round.
For me a 4h close under 10.10 puts round 10 in play and theres not much under that on this chart.
Bulls need a reclaim of 10.50 first, and only above 10.83 would I stop calling this a downtrend.
