LINKBTC is Forming a Symmetrical Triangle -- Break Out Soon!?
Updated
Good morning/evening traders,
Fun time again! The LINKBTC pair is approaching a breakout point of a symmetrical triangle with decreasing trading volume. Besides, a potential cup and handle pattern (not perfect; the cup is not a round bottom) just formed on the LINKUSDT chart. These informations combined suggest we should go up soon. However, this symmetrical triangle doesn't have a clear pole, so this should still be neutral; that is, the price could either go up or down with pretty much the same chance.
The up/down target I'm looking at has been shown in the chart. Please leave the comment to discuss your thoughts. This could be a very profitable trade by longing/shorting.
Please like and follow me if you think this discussion is interesting and helpful.
HakoneDream
Fun time again! The LINKBTC pair is approaching a breakout point of a symmetrical triangle with decreasing trading volume. Besides, a potential cup and handle pattern (not perfect; the cup is not a round bottom) just formed on the LINKUSDT chart. These informations combined suggest we should go up soon. However, this symmetrical triangle doesn't have a clear pole, so this should still be neutral; that is, the price could either go up or down with pretty much the same chance.
The up/down target I'm looking at has been shown in the chart. Please leave the comment to discuss your thoughts. This could be a very profitable trade by longing/shorting.
Please like and follow me if you think this discussion is interesting and helpful.
HakoneDream
Trade active
Looks like LINKBTC has chosen where to go. Another ALL TIME HIGH Soon?!
Trade active
RSI on the 4 hr chart is crazily high. It might wise to take some profits now, and wait for another wave in my humble opinion.Trade active
Evening doji star and RSI bearish divergence formed on the 1 hourly chart of LINKUSDT. Short term correction is happening.Trade active
Another hype is brewing.Note
BLUE SKY BREAKOUT! 68k next?!
Note
Great pump! 200% measured move has been touched!
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