LINK - Long-Term Reversal!

24 feb 2022

Hello everyone, if you like the idea, do not forget to support with a like and follow.

LINK is approaching support in green, so we will be looking for buy setups.

on DAILY: LINK is forming a wedge pattern in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich