Get started
Traders_Endeavors

LINKUSDT Falling Wedge

Long
ChainLink / TetherUS (BINANCE:LINKUSDT)  
Traders_Endeavors  
BINANCE:LINKUSDT   ChainLink / TetherUS
Trend Analysis Chart Patterns Technical Indicators Falling Wedge contractionandexpansion contractionexpansionprinciples LINK LINKUSDT chainlink
5
1
trendanalysis chartpattern indicator fallingwedge contractionandexpansion contractionexpansionprinciples link linkusdt chainlink
On the 4 hourly chart there is a huge falling wedge on Link but also had a contraction and expansion.

A breakout could be due soon, but the overall sentiment right now in crypto isn't the best and it had a violent pump right above the 6.1 USDT value line (LINK).
and is struggling on resistance right now, personally, I'm keeping Link in mind as a swing trade.

I think that LINK can test the support zone of 5.67 - 5.926 one more time and get a tighter range before breaking out
Link Tree: linktr.ee/tradersendeavors

Access our indicators: www.patreon.com/user?u=80987417
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.