Deftsuo

Bullish pennant on LINK, could aim for higher levels.

Long
Deftsuo Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
LINK/BTC is currently within a bullish pennant/triangle formation, and it could look to move higher. It is nearing the end of this triangle, and we could see it move with conviction whichever way it breaks. Given the prior trend is bullish, I lean toward this being a bullish continuation pattern. If Bitcoin decides to decisively move either way, it can ruin the party pretty quickly for LINK. Also, if anyone wants to get a free stock from Robinhood, feel free to sign up using my referral link below. They also offer feeless cryptocurrency trading on a select few coins if you're in an approved state. I'll put an article down below for those interested in Robinhood crypto. I also accept BTC donations if you guys are feeling generous! :)

Entry: 11350-11750

Target 1: 15000 (Previous top.)
Target 2: 16500 (Mid-way point between the previous top at 15000 and the estimated measured move.)
Target 3: 18000 (Estimated target of the break-out by taking the measured move.)

SL: 10500-10750 depending on risk.

-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.

Robinhood crypto article: support.robinhood.co...tocurrency-Investing
Comment:
We also have the 100 day MA acting as support alongside the rising trendline support:
Comment:
Looking good:
Comment:
Looking like it wants to break out soon, keep an eye on this one:

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