EthanTW

LINK target 7.9

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BINANCE:LINKUSDT   ChainLink / TetherUS
12h time frame
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LINK just broke the rising flag/wedge recently, this is a sign of turning weak. Retesting the flag bottom will be an entry to open short in future. Low-risk method is to find the top structure in lower time frame if LINK go to retest the flag. With this trading plan, we can have target at structural support around 7.9, deeper is 5.8.
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TP: 7.9 / 5.8
SL: 16.25

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