šØ Market Update - š
Many altcoins continue to look strong with Bitcoin still chopping between $118k - $120k. Bitcoin has reclaimed $118.8k (Monday Low) on the 4hr timeframe and is holding that as support for now. Bit keep an eye on the rising channel- a break down from this and I think we can see $116k or even $113k soon.
An altcoin that has been very bullish in recent days, but overshadowed by XRP, is LINK. Closed above a big daily level at $17.50. Watch for a retest in this area, to see if we start to form new lows there. Medium term it needs to flip another big daily S/R level at $19.50 before pushing the December highs.