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pjgonzales

LINKUSD - looking very BULLISH with possible bottom in place

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Chainlink (COINBASE:LINKUSD)  
pjgonzales  
COINBASE:LINKUSD   Chainlink
Trend Analysis Technical Indicators Fundamental Analysis LINK LINKUSD LINKUSDT LINKBTC LONG Inverse Head and Shoulders Bullish Patterns linkusdsignals bottom
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trendanalysis indicator fundamental link linkusd linkusdt linkbtc long inverseheadandshoulders bullish linkusdsignals bottom
During the past months LINK experienced something called a blue sky breakout. The drop from last month was expected as traders need to create new supports/resistances to trade out of (look at TESLA for example). As seen from the chart, it is showing very strong signs of recovery and a bottom from monthly trend-line.

Watch price action at current levels, if it breaks, we may experience another shake out. Keep an eye on 15$ (if it reaches it) to a possible rise back to 20$.
TP levels 15-20$

Remember trade what you see and not what you think, being emotionally invested in anything is not a good idea.

Not a financial advisor, trade at your own risk.
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