LINK/BTC (Potential Local bottom?)

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LINK/BTC

-We can see two bullish rejection at the last support area last July 10 trading
-They can also touch the lower trendline of support
-If LINK can hold or consolidate at this level for the next 2-3 days
-There is a chance to set this level as a temporary bottom
-A potential pullback to retest the downward trendline resistance around 70000 sat
-It is still safer to wait for the market to cool before entering a position
-Do not rush into a trade if you do not have a plan