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Technical analysis by PaddyThePriest about Symbol LINK: Buy recommendation (4/17/2022)

https://sahmeto.com/message/2561171
PaddyThePriest
PaddyThePriest
Rank: 5245
1.6
Buy،Technical،PaddyThePriest

A fairly low risk trade here. Link has been forming an inverted head and shoulders for a while. It is making a larger double bottom imo. I have entered on the right shoulder of the hs. If I see price break past the right shoulder I will probably jump ship. First resistance is at the 200 day MA. I hope we blast through that. I will take partial profits at the 0.618 fib highlighted by the red square.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$13.97
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