LINKUSD - BREAKOUT - WHAT'S NEXT?? 18-3-2021
Updated
LINKUSD
Showing a breakout from a symmetrical triangle currently.
Reasons to be bullish:
1) RSI is above 55 on daily and 4hrs
2) MACD flipped green on 4 hours TF and soon daily will flip green
3) Above 20MA daily and all MA
4) Forming a textbook symmetrical triangle and breakout currently.
Recommended entries : USD 30-USD 29.5 (Previous resistance)
Next suggested price targets can be USD 40, USD 62, USD 65
Current price : USD 30.9
Suggest to wait at least daily or this 4 hours close above the resistance of symmetrical triangle.
Showing a breakout from a symmetrical triangle currently.
Reasons to be bullish:
1) RSI is above 55 on daily and 4hrs
2) MACD flipped green on 4 hours TF and soon daily will flip green
3) Above 20MA daily and all MA
4) Forming a textbook symmetrical triangle and breakout currently.
Recommended entries : USD 30-USD 29.5 (Previous resistance)
Next suggested price targets can be USD 40, USD 62, USD 65
Current price : USD 30.9
Suggest to wait at least daily or this 4 hours close above the resistance of symmetrical triangle.
Note
Exactly hit our buying zone, heading to the targets.
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