EthanTW

LINKUSDT - Buy w/o high risk

Long
BYBIT:LINKUSDT   LINKUSDT SPOT
LINKUSDT
4H trend chart
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LINK has build a big cup and handle pattern.
Now it is going to complete it, and we can notice that price is trying to hit the upper downtrend line.
If price can break out the downtrend line, trading strategy as below.
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Profit Targets:
a) 36.779~37.924----Fib(1.272~1.382)
b) 40.380----Fib(1.618)
c) 44.355----Fib(2)

Stop losses:
a) 30.236-----Red horizontal ray
b) 27.750-----Red horizontal ray
Depend on the risk you can take.
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