Bull flag on LINK
LINK pumped when the rest of the market was down. LINK tends to lead the next leg up for BTC by a few weeks. This is a fairly clear bullflag with a projection past both of my short-term price targets. There is a strong consolidation on the first historic price target, this is bullish. The stochastic RSI is pointed downward, if we can get a reversal soon this flag may play out. The flag termination just so happens to be around the almighty golden fib.
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Disclaimer
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.