LINK is stuck between 16 & 28$

By CobraVanguard
🌳LINK Is in a Broadening Wedge which means the price can range in the pattern until a break out happens. The price now sits above It's support (around 16$) which increases the odds of break out. So now there are two scenarios actually. One is that LINK would fail to break the pattern & after a bit of increasing, it would decrease to support once again. Another scenario is that the Break out would happen and LINK would fly afterward! If the break out happens, the price would reach 28$ which a strong resistance sits there.
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Thank you for seeing idea .
Have a nice day and Good luck
chainlinkChart PatternsLINKLINKUSDLINKUSDTTrend AnalysisWedge
CobraVanguard
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