BullmarketFX

LINKUSD - breaking out?

Long
BITSTAMP:LINKUSD   Chainlink / U.S. dollar
LINKUSD is trading in this triangle pattern usually a bullish continuation and is edging higher towards the top resistance, if we see a 4hr close above the pattern and above the 4hr resistance (previous high) the we can take the long on the retest.
Trade closed: target reached:

Comments

Yes, good catch, likely to break to upside - give it another 24-48 hours, if not, redraw wedge pattern for a little longer breakout.
+2 Reply
Thanks for sharing. I think link can go higher
+1 Reply