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Chibuike_Odoh
Feb 3, 2021 2:32 AM

LINKUSDT (CHAINLINK) - UPTREND CONTINUATION  Long

ChainLink / TetherUSBinance

Description

ANALYSIS 🔎
- LINKUSDT is testing the ascending trendline support.
- The retracement to the ascending trendline support is resisted by the descending trendline resistance.
- Possible uptrend continuation.

BUY ENTRY ⬆️
- Aggressive (risky): current markets price (now).
- Conservative : breakout above the descending trendline resistance.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.

TARGETS 🔎
- Horizontal resistance levels (R1, R2).
- Fibonacci extension levels.
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