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gamall1987
Apr 24, 2023 11:42 PM

LINKUSD on a Neutral Analysis (a Little Long Biased)  

Chainlink / United States DollarCoinbase

Description

The coin is believed to end the corrective trend and getting heated for a reversal only if the rectangle pattern is broken up with decent volume. The penetration or breaking down the pattern is the confirmation of going either way.

Trade active

Moving beautifully

Trade closed: target reached

Comments
variousPython96967
It can go up, and it can go down...
gamall1987
@variousPython96967, going up after a beautiful penetration
harrydog1
When is this drain pipe going to end. Sooner or later we've got to reach the sea.Seeing as how it entered from the top it looks like it will drop into the sea at low tide.
minimobilegames
it can go down easily to 2-3 usd. Basically they have a large team on paycheck and someone has to pay them. Who? tokens on sale
gamall1987
@minimobilegames, well my analysis does not include fundamentals which is a major drawback. I focus on charts using classical and wave patterns.
harrydog1
i'm waiting for lift off.
gamall1987
@harrydog1, patience my good friend, but watch out for the stop-loss, the price channel bottom. cheers,
harrydog1
really.fence sitter.
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