Helical_Trades

LINK/USDT : Targeting $100 into Wedge, Located at the bottom !

Long
COINBASE:LINKUSD   Chainlink
LINKUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

#LINK is moving in a historical rising wedge since 6th.Dec 2018.
Now there are 4 taps on higher trendline and 3 taps on lower trendline, Based on the repetition rules, There can be another retest on lower trendline.
But #LINK is already in wedge's scale !
So If It gave us the chance to retest the lower, It'll be our 2nd spot to enter.
Now the 1st entry is located above the current resistance line, We can enter #LINK for long-term hold after a breakout above the $35's resistance line !
Also there's another trendline, Which is supporting the movement from below and it's currently affecting the movement on 1D's chart :

📊 Possible Targets :
There're mentioned targets on daily chart above, But there'll be more surges after conquering the ATH; The levels are calculated by FIB extension.
- $49.60
- $74.10
- $104.80

As we reaches the last target, We might retest the higher trendline neither !
So It's suggested to drive out you holding on mentioned FIB's levels.
📌 Try to use partial entries ! 1st will be a hold above $35 and 2nd entry will be a retest on lower trendline.

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@Helical_Trades

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