LINK/USDT - ascending wedge / short term pullback
LINK/USDT has performed nicely over the past weeks and is currently close the the tip of an ascending wedge.
It's likely that it will correct very soon and test if this new channel will hold.
One smaller move upwards is still possible so either keep it a small position for now or wait for breakout confirmation.
Targets are at the bottom of the small channel or if we see a bigger correction at the bottom of the lower channel.
Due to Binance's maintenance it still shows the price within the wedge because it's missing a few hours but on the futures chart it already broke out bearish.
Good luck and let me know what you think!
It's likely that it will correct very soon and test if this new channel will hold.
One smaller move upwards is still possible so either keep it a small position for now or wait for breakout confirmation.
Targets are at the bottom of the small channel or if we see a bigger correction at the bottom of the lower channel.
Due to Binance's maintenance it still shows the price within the wedge because it's missing a few hours but on the futures chart it already broke out bearish.
Good luck and let me know what you think!
Nota
First target hit:Trade fechado: objetivo atingido
Second target hit, trade closed:
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.