Bullish pennant on LINK, could aim for higher levels.
is currently within a pennant/triangle formation, and it could look to move higher. It is nearing the end of this triangle, and we could see it move with conviction whichever way it breaks. Given the prior trend is , I lean toward this being a continuation pattern. If decides to decisively move either way, it can ruin the party pretty quickly for LINK. Also, if anyone wants to get a free stock from Robinhood, feel free to sign up using my referral link below. They also offer feeless cryptocurrency trading on a select few coins if you’re in an approved state. I’ll put an article down below for those interested in Robinhood crypto. I also accept donations if you guys are feeling generous! 🙂
Entry: 11350-11750
Target 1: 15000 (Previous top.) Target 2: 16500 (Mid-way point between the previous top at 15000 and the estimated measured move.) Target 3: 18000 (Estimated target of the break-out by taking the measured move.)
SL: 10500-10750 depending on risk.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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