ChainLink - Watching For A Breakout 👀

8 במרץ 2022

ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal.

We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile!

A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave.

Trade idea:
- Watch for a strong breakout. Use the red descending trendline as confirmation
- Once price action appears, enter with stops below the lows
- Target the recent highs as first target and HODL the rest as we may see the next big bull run

Goodluck!