Savvythe1

Chain link Falling Wedge Idea within a formidable channel

Long
COINBASE:LINKUSD   LINK/USD
We can see that chain link has been inside of a rising channel from the beginning of it being listed. This being the solid asset it is, it reminds me of the movements the SPY or DJI mimic on the charts.

As we can see in this chart, not only has Link broken out of the falling wedge but, is also at the bottom of the multi year channel. I have listed the trade set up prices on the chart so we may be able to easily see them. I do see this coin going higher and touching the top of the channel or possibly breaking the top once the euphoria kicks back in however, we need to assure Bitcoin stays far out of the “fackery zone” with the obvious manipulations that has ascended upon us.

Have a green week folks!