GetSet

LINK/USD - Inside a Bull Flag

Long
COINBASE:LINKUSD   Chainlink
On the 4 hour chart, LINK is inside a bullish flag formation.
There is a possibility of a breakout in the future, but we need to check if an important bullish trend line will still serve as resistance to push the market higher.

Looking at the daily chart, we see strong resistance that has rejected the market several times.


If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis.
Write your opinion about it in the comments. I would like to discuss this with anyone.

This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.