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linkbtc head and shoulders and bear pennant
ChainLink / Bitcoin
linkbtc head and shoulders and bear pennant
By JohnTraden
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Updated
Oct 3, 2021
3
Oct 2, 2021
There is a massive head and shoulders on linkbtc on 1d.
There is also currently a small bear pennant forming with a technical target shown in red.
Wait to see which way the bear pennant breaks to.
The head and shoulders technical target is over -110%. My best guess is that this target will not be met in our lifetimes.
But I'm still concerned about which way Link will go here. Link usually bleeds against BTC when BTC is going up.
Oct 3, 2021
Note
* But I'm still concerned about which way Link will go here. Link usually bleeds against BTC when BTC is going parabolic
Chart Patterns
LINK
LINKBTC
LINKUSD
LINKUSDT
Trend Analysis
JohnTraden
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