Hey Traders,
As you can see on the daily candles of Chainlink ($LINK), the price action has formed lower highs and lower lows symptom of a falling wedge pattern. The Fibonacci retracement level (.618) also has the same price level as the falling wedge breakout. The price target out of this pattern is $22 (+58%). Meanwhile, the Momentum Oscillator (RSI) is forming a BEAUTIFUL bullish divergence! A long position of 2-3x would be guaranteed 2x gains!
Safe trading,
-Pulkanator
As you can see on the daily candles of Chainlink ($LINK), the price action has formed lower highs and lower lows symptom of a falling wedge pattern. The Fibonacci retracement level (.618) also has the same price level as the falling wedge breakout. The price target out of this pattern is $22 (+58%). Meanwhile, the Momentum Oscillator (RSI) is forming a BEAUTIFUL bullish divergence! A long position of 2-3x would be guaranteed 2x gains!
Safe trading,
-Pulkanator