Symmetrical Triangle on Link

6 janv. 2021

LINKUSD

As you can see in the chart, LINK is making a Symmetrical Triangle Pattern, as seen in the chart.

freeonlinetradingeducation.com/symmetrical-triangle-breakout.html

Triangles are generally continuation patterns, so it is likely to break to the upside. To do so, well need to close above $16.20 USD on a daily candle. If we do, the minimum target would be $29.40 USD, which is calculated by adding the length of the triangle to the breakout point. But that is the minimum target, it could also go a lot higher.

I hope you find this interesting and good luck to you.

7 janv. 2021

Transaction en cours

We closed at $17.26 USD today, pattern confirmed, we’re going to moon.