Ali Martinez Warns LINK, ADA and SOL Face Further Downside
- —LINK broke below the neckline of a head-and-shoulders pattern on the 4-hour chart, targets $12.39 and $11.98
- —ADA was rejected at the top of its ascending channel, with a possible drop to $0.21
- —SOL closed below $117, opening the way to $114 and $111
- —BTC remains below the $83,000 support, while TD Sequential flashed a buy signal on the hourly chart
Why it matters: The call points to continued downside risk in major altcoins unless bitcoin reclaims the $83,000 level.
Source: CryptoPotato