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Chainlink
Long

Link Breaking out on the Weekly

278
Link is currently breaking out of weekly structure and retesting it at time of publishing. RSI is nuetral at 52. Price action is caught between the 50 sma and the old resistance. If the PA holds at this level, we could have some major moves.

NFA, do your own DD.

Thanks for looking at the idea.
Note
targets for link based on the previous high to swing low. Fib extensions are the 2.618 and 3.618

snapshot
BallsOfSteel32
Chart PatternsTechnical IndicatorsLINKLINKUSDLINKUSDTTrend Analysis

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Chart PatternsTechnical IndicatorsLINKLINKUSDLINKUSDTTrend Analysis
BallsOfSteel32

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.