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HolRiz

LINK (Chainlink) - Daily Bullish Head and Shoulders Breakout

Long
Chainlink (BITMEX:LINKUSD.P)  
HolRiz  
BITMEX:LINKUSD.P   Chainlink
Chart Patterns
5
3
chartpattern
On LINK Daily chart, inverse head and shoulders pattern is displayed.

Neckline has been broken upwards. We've retested the neckline and found support holding above it.

  • Target for this trade is $30.00 (+65%).
  • StopLoss: $12.00 safer (-35%), or $15.00 (-18%) more risky ( BTCUSD could crash down and bring this further down)
  • Immediate entry or DCA enter $18, $17.5, $17.
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