UnknownUnicorn2018841

Bullflag for ChainLink.

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UnknownUnicorn2018841 Uppdaterad   
BINANCE:LINKBTC   ChainLink / Bitcoin
ChainLink is forming a bullflag on the 4 hours. Probably one or two more smallish dips before it breaks out. Target is around 6400 sats. Watch RSI for sign of a reversal.
Kommentera:
Still going strong, flirting with the upper trend line. Tight stop loss for now.
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Heavy price suppression with a 200+ BTC sell wall right at the top line of the bullflag. We'll see one more wave because the market makers say so.
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LINK is really teasing the upper trend line...

www.tradingview.com/chart/UQ8CTbez/
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It broke out, and retested upper trend line which now acts as support. General BTC shenanigans have weakened the break out but it's still a safe buy.
Kommentera:
Enormous break out on the LINKETH chart, which I don't normally use because of the low liquidity. However, since it broke 100000 gwei LINK has started a moderate bullrun. Moving stoploss up but staying alert - any big movement by either Bitcoin or Ethereum could change the momentum in a heartbeart.
Trade stängt: målet nått:
Took a bit longer because of BTC crashing, but target was reached.
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