ChainLink broke out a importante triangle at the daily chart giving us a long opportunity. The Link is indicating us that must try to reach the last historical top due to its uptrend and the projection of its last upward movement. My suggestion is a long position which the target is the historical top and the stop is below the last inside bottom of the triangle.
Follow me and push the like button if you enjoyed this analyze.
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.