Here's a quick look at LINK 2 hr chart. as we can see, the price has been oscillating in a bigger falling channel for some time now. At the moment of writing this the price is at the top of the falling channel, and it would make sense if it pulled back or broke out. Keep an eye on LINK!
The idea is: Buy the breakout from the falling channel and Take profits at the levels shown in the chart. Targets: 1. 40$ 2. 44$
Note: Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.