Actually I see three (3) channels. One (1) descending channel (green). One (1) horizontal channel (beige) and one (1) "Buy Zone" channel (yellow). Which channel and what type of breakout ( upwards or downwards ) are you referring to ? I took a LONG position in LINK because I believe it is in the process of moving "up and out" of the horizontal channel it is now in. I think the upper boundary of this horizontal channel is around the $11 level and the price is now trading at the $10.91 level. It would be nice if it moved to the $17 level as Mr. Duke suggests below.
Thanks
Ward Weaire
Toronto, Canada
DukeDinhd6
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it's not going below 10. It's heading to wave 3 right now
RocketBomb
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@DukeDinhd6, if I would see the breakout of channel, I'll agree with you. Thanks for feedback 😊