LINK H&S potential

30 dic 2024

LINKUSD has a well defined head & shoulders forming. Around 19.90 is the key level to watch here as it would confirm the H&S and also invalidate the bullish pinbar that formed on Dec. 20th. The target for this pattern is around 13.50. Major support also sits at around 9.50, so I consider the support zone essentially being anywhere between 9.50-13.50. This would be an attractive area to start looking at going long again.