LINK/USDT - descending wedge and level BREAKOUT!
Link is like most cryptocurrencies in a downtrend, but on the chart there are patterns for a long.
The descending wedge is an good long pattern on cryptocurrencies.
The key level at the moment is $11.40. A false breakout of this level would be an excellent opportunity to take long positions with a short stop and high RR.
Also, with a squeeze, a breakout of wedge without false breakout of level is possible, so subscribe to not miss updates.
Possible targets for this move are $15 and $20!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
The descending wedge is an good long pattern on cryptocurrencies.
The key level at the moment is $11.40. A false breakout of this level would be an excellent opportunity to take long positions with a short stop and high RR.
Also, with a squeeze, a breakout of wedge without false breakout of level is possible, so subscribe to not miss updates.
Possible targets for this move are $15 and $20!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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