LINKBTC is Forming a Symmetrical Triangle -- Break Out Soon!?
Good morning/evening traders,
Fun time again! The LINKBTC pair is approaching a breakout point of a symmetrical triangle with decreasing trading volume. Besides, a potential cup and handle pattern (not perfect; the cup is not a round bottom) just formed on the LINKUSDT chart. These informations combined suggest we should go up soon. However, this symmetrical triangle doesn't have a clear pole, so this should still be neutral; that is, the price could either go up or down with pretty much the same chance.
The up/down target I'm looking at has been shown in the chart. Please leave the comment to discuss your thoughts. This could be a very profitable trade by longing/shorting.
Please like and follow me if you think this discussion is interesting and helpful.
HakoneDream
Fun time again! The LINKBTC pair is approaching a breakout point of a symmetrical triangle with decreasing trading volume. Besides, a potential cup and handle pattern (not perfect; the cup is not a round bottom) just formed on the LINKUSDT chart. These informations combined suggest we should go up soon. However, this symmetrical triangle doesn't have a clear pole, so this should still be neutral; that is, the price could either go up or down with pretty much the same chance.
The up/down target I'm looking at has been shown in the chart. Please leave the comment to discuss your thoughts. This could be a very profitable trade by longing/shorting.
Please like and follow me if you think this discussion is interesting and helpful.
HakoneDream
Trade active:
Looks like LINKBTC has chosen where to go.
Another ALL TIME HIGH Soon?!
Another ALL TIME HIGH Soon?!
Trade active:
RSI on the 4 hr chart is crazily high. It might wise to take some profits now, and wait for another wave in my humble opinion.
Trade active:
Evening doji star and RSI bearish divergence formed on the 1 hourly chart of LINKUSDT. Short term correction is happening.
Trade active:
Another hype is brewing.
Comment:
Great pump! 200% measured move has been touched!
BLUE SKY BREAKOUT! 68k next?!