LINK (Chainlink) - Daily Bullish Head and Shoulders Breakout

On LINK Daily chart, inverse head and shoulders pattern is displayed.

Neckline has been broken upwards. We've retested the neckline and found support holding above it.

  • Target for this trade is $30.00 (+65%).
  • StopLoss: $12.00 safer (-35%), or $15.00 (-18%) more risky (BTCUSD could crash down and bring this further down)
  • Immediate entry or DCA enter $18, $17.5, $17.

Chart Patterns

Disclaimer