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Trading View May 8, 2022

LINK may crash to $5.56

LINK may crash to $5.56

LINK may crash to $5.56

ChainLink / Tether KUCOIN:LINKUSDT

iBijan

Hello trading view community. Should you like this analysis please support with likes and comment your idea below the analysis please. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
It seems that LINK is headed down to the next monthly support zone at ($5.56).
Since LINK has easily broken the previous support level , ($13.68) which was an important monthly level (in blue) and dropped down, then one may observe more crash on LINK due to Market bearish trend .
This is a personal idea and I am not a financial adviser.

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