LINK/ETH - Bullish Rectangle Pattern Breakout
Updated
LINK has broken out of a rectangle pattern that has been forming since late last year. The price action leading into the rectangle was bullish and on high volume, and the breakout was to the upside and on high volume, strengthening the case for this setup. A pullback and retest of the top of the rectangle would offer an attractive entry for those looking to get into this trade.
Note
Note
As expected, price is pulling back closer to the top of this rectangle pattern.
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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