Altcoin LINK Forms Rising Wedge on 1-Hour Chart, Temporary Bearish Sentiments Arise

• Altcoin LINK forms rising wedge on 1-hour chart. 
• This is leading to a temporary rise in bearish sentiments. 
• The long-term for LINK price remains highly bullish.

Expectations remain bullish in what seems to be the end of the bear market that began late last year. In fact, expectations seem to be especially high for a number of promising altcoin assets. While many altcoin assets are showing bullish long-term signals, some are still finishing up the last of their bear bottom moves. Presently, altcoin LINK forms rising wedge on 1-hour chart, leading to temporary bearish sentiments to rise.

Altcoin LINK Forms Rising Wedge on 1-Hourt Chart

Just yesterday, analysts, investors, and traders in the crypto space were thrilled to see Chainlink’s native altcoin asset, LINK, flash its most brutal bull pattern of the year. The last time the asset saw a similar pattern on its price chart, the altcoin pulled a 200% price surge. Could the asset pull off a 200% price pump once again, or will the asset see one final leg down as the crypto market sets its final bear market bottom?

… Continue reading the full article at the original source below.