altsandislands

LINK Long Opportunity | +35% Breakout $31 SOON

Long
BYBIT:LINKUSDT   LINKUSDT SPOT
LINK is lining up for a megaphone pattern. This pattern is not bullish or bearish but indicates a large move to come. I believe with the market sentiment, it's very possible we break up and out of this pattern, and historically, this would tell us that we are going to at least $30, probably around $31.5 to be exact.

This would be a ~35% spot gain. I am going to wait for a ~3%+ break-out confirmation above the ceiling of the megaphone trend to enter a long position with a stop loss just under the previous channel floor, as shown on the graph.

Full disclosure also adding to fat bag on LINK because I am bullish over the long term!

DYOR and bring home those gains.


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.