LINK's Bullish Shark Pattern: Retest Bounce Targets $23 with 100
#Chainlink (
LINK
) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity.
In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal.
If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.
LINK
) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity. In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal.
If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.
TELEGRAM : telegram.me/crypto_vulture_signals