LINK has broken out of a long-term descending trendline on the 4H timeframe and retested the breakout zone. Price is holding well above the trendline and support levels, indicating strong momentum and a bullish structure.
Entry: 15.4–15.6
Support: 15.47
Resistance: 17.78
Targets: 17.78 / 20.03 / 26.28
Stoploss: Below 15.00
Structure: Triangle breakout
Potential: +70% upside if all targets are achieved
LINK is looking primed for a strong breakout continuation. Keep it on your radar.
DYOR | Not financial advice
Entry: 15.4–15.6
Support: 15.47
Resistance: 17.78
Targets: 17.78 / 20.03 / 26.28
Stoploss: Below 15.00
Structure: Triangle breakout
Potential: +70% upside if all targets are achieved
LINK is looking primed for a strong breakout continuation. Keep it on your radar.
DYOR | Not financial advice
Trade active
Going pretty well !!Currently trading at $16.5, which is around 5% up from entry !!
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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.