LINK/USD
LINK is trading inside this symmetrical pattern which technical could break either direction
but since the price action is already trading above the 50M on the 4H time-frame.
This shows strength from the bulls that the short term momentum is starting to shift to the upside.
If LINK can hold the current price levels for the next 24-48 hours.
It has the chance to break bullish and reached up to 3.36 dollars.
The stop-loss would be below the previous low at 1.94 dollars.
LINK is trading inside this symmetrical pattern which technical could break either direction
but since the price action is already trading above the 50M on the 4H time-frame.
This shows strength from the bulls that the short term momentum is starting to shift to the upside.
If LINK can hold the current price levels for the next 24-48 hours.
It has the chance to break bullish and reached up to 3.36 dollars.
The stop-loss would be below the previous low at 1.94 dollars.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.