🐳Whales bought $76 million worth of LINK in a week, but the token could fall another 40% 👀
🔼Today, LINK showed a 5% gain, but this could be a retest of the resistance formed after breaking below the bottom of the head and shoulders pattern.
🟡If the price does not consolidate above $14, the pattern could trigger and cause LINK to fall 40% to $8.
👀 Whales don’t buy cryptocurrencies without a long-term outlook, but they may participate in the trade before a larger correction.