Expert Analyst Warns About a Major Altcoin: “A Major Correction May Be on the Horizon”

Crypto analyst Ali Martinez has issued a significant bearish warning for the popular altcoin Chainlink (LINK). Drawing attention to technical analysis data, Martinez suggested that LINK's price could experience a correction of approximately 30%. According to Martinez's analysis, a head and shoulders (H&S) pattern, considered a bearish signal in technical analysis, is forming on Chainlink's 4-hour price chart. The analyst stated that if this pattern is completed, significant selling pressure could be seen in the LINK price.

Source: Bitcoin Sistemi