UnknownUnicorn2018841

Bullflag for ChainLink.

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
ChainLink is forming a bullflag on the 4 hours. Probably one or two more smallish dips before it breaks out. Target is around 6400 sats. Watch RSI for sign of a reversal.
Comment:
Still going strong, flirting with the upper trend line. Tight stop loss for now.
Comment:
Heavy price suppression with a 200+ BTC sell wall right at the top line of the bullflag. We'll see one more wave because the market makers say so.
Comment:
LINK is really teasing the upper trend line...

www.tradingview.com/chart/UQ8CTbez/
Comment:
It broke out, and retested upper trend line which now acts as support. General BTC shenanigans have weakened the break out but it's still a safe buy.
Comment:
Enormous break out on the LINKETH chart, which I don't normally use because of the low liquidity. However, since it broke 100000 gwei LINK has started a moderate bullrun. Moving stoploss up but staying alert - any big movement by either Bitcoin or Ethereum could change the momentum in a heartbeart.
Trade closed: target reached:
Took a bit longer because of BTC crashing, but target was reached.
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.