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FieryTrading
Jan 16, 2021 1:55 PM

LINK/USDT Weekly Break-Out: Strong Momentum Expected Long

ChainLink / TetherUSBinance

Description

LINK/USDT has made a new ATH today, beating last year's ATH with ease.
So where too now?

if we take a look at the weekly chart we can see a clear pattern here. This upward sloping channel has been holding strong for almost two years now, making LINK's crazy ride to the moon.

Realistically, the price will rise until it hits the upper trend line of the channel. That might be difficult to trade, so for the coming weeks I've marked the $30 resistance as the main target. If you're feeling fancy, ride this wave until it hits the trend line.

Happy trading!
Comments
bestfarbit74
long it is, lets see where to go
FieryTrading
@bestfarbit74, Nice chart, thanks for sharing.
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