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LINK/USD: Important Bullish Breakout & New Structure High
Chainlink
Long
LINK/USD: Important Bullish Breakout & New Structure High
By VasilyTrader
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Updated
Feb 6, 2021
4
2
11
11
Feb 5, 2021
Link managed to break and close above a resistance line of a major ascending triangle.
A new market high is set.
Now the contracting area between a broken horizontal level and a rising trend line serves as a local zone of demand.
Bullish continuation is now expected.
Goals:
28.1 - 1.272 extension of a triangle's range
30.0 - psychological number
Feb 6, 2021
Note
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