EthanTW

LINK - is ready to build this Cup and Handle?

Panjang
BYBIT:LINKUSDT   LINKUSDT SPOT
LINKUSDT
1H trend chart
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LINK has a potential Cup and Handle formation on 1H.
If price can overcome the downtrend line, this pattern will be completed, and trading strategy as below.
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Profit Targets:
a) 17.889----Fib(1)
b) 18.278~18.435----Fib(1.272~1.382)
c) 18.773----Fib(1.618)

Stop losses:
a) 16.712----Red horizontal ray
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Penafian

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