What started off as seeing an ascending scallop turned into the possibility of a cup n' handle pattern.... Possible the handle's retracement would bounce off the 8-8.5k range.
drew some recent trend lines as well as lines from a few months ago.
What do you think?
LINK/BTC is showing what looks like a very strong long-term ascending scallop; it wants to go hugely parabolic.
based on the intersections between this fib extension and the scallop's trendline, we have the following targets (in BTC):
trade at your own risk.