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krugman25

LINK/ETH - Bullish Rectangle Pattern Breakout

Long
ChainLink / Ethereum (BINANCE:LINKETH)  
krugman25 Updated   
BINANCE:LINKETH   ChainLink / Ethereum
Support and Resistance Rectangle Chart Patterns LINK ETH BTC crypto chainlink candlestickpattern
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supportandresistance rectangle chartpattern link eth btc crypto chainlink candlestickpattern
LINK has broken out of a rectangle pattern that has been forming since late last year. The price action leading into the rectangle was bullish and on high volume, and the breakout was to the upside and on high volume, strengthening the case for this setup. A pullback and retest of the top of the rectangle would offer an attractive entry for those looking to get into this trade.
Comment:
Comment:
As expected, price is pulling back closer to the top of this rectangle pattern.

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