FieryTrading

🔥 LINK Bullish Price Action After Re-testing Resistance

Panjang
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK has recently broken out of the descending wedge pattern that it has been trading within for over a month. After the break out occurred, LINK had to re-test the wedge resistance as support and has now seemingly confirmed the break out.

Once we see a move above ~$28, we can expect the bulls to take over and potentially launch the price upward toward $30 and beyond.

The main target for the current break out is placed at $31.5, second target at $36. Let's see what LINK has in store for us in the coming days.

Happy trading!

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