Hey Traders!
#LINK is currently trading near the bottom and forming a potential harmonic pattern, suggesting a possible move towards the D-point completion.
Technical Outlook:
Price action is respecting the harmonic structure.
We're watching closely for a break above key minor and major resistance levels.
A successful breakout and retest could confirm a bullish reversal.
Entry on retest with tight risk management and SL as marked on the chart.
Caution: Stay alert for fake breakouts, bearish divergence, or any signs of rejection near resistance. Patience is key — wait for confirmation!
What are your thoughts on #LINK? Are you bullish or bearish? Drop your analysis below!
If you found this setup helpful, like, comment, and follow for more high-probability trading setups every week!
#Crypto #LINK #HarmonicPattern #Altcoins #ChartAnalysis #CryptoTrading #TradingView #BullishSetup #BreakoutTrade #RiskManagement
#LINK is currently trading near the bottom and forming a potential harmonic pattern, suggesting a possible move towards the D-point completion.
Technical Outlook:
Price action is respecting the harmonic structure.
We're watching closely for a break above key minor and major resistance levels.
A successful breakout and retest could confirm a bullish reversal.
Entry on retest with tight risk management and SL as marked on the chart.
Caution: Stay alert for fake breakouts, bearish divergence, or any signs of rejection near resistance. Patience is key — wait for confirmation!
What are your thoughts on #LINK? Are you bullish or bearish? Drop your analysis below!
If you found this setup helpful, like, comment, and follow for more high-probability trading setups every week!
#Crypto #LINK #HarmonicPattern #Altcoins #ChartAnalysis #CryptoTrading #TradingView #BullishSetup #BreakoutTrade #RiskManagement
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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.