Good luck to everyone who bought the dip — now Chainlink (LINK/USDT) is offering another buy opportunity before the big move.
On the chart, LINK has formed a cup & handle pattern — a strong bullish continuation setup that often marks the start of a major rally. This is the beginning of the movement, and price action is aligning perfectly with technical targets.
Using Fibonacci extensions, here are the 4 upside targets:
Target 1: 0.618 Fib – 34.57 - initial breakout confirmation
Target 2: 0.786 Fib – 42.68 - momentum acceleration zone
Target 3: 1.272 Fib – 66.12 - extended bullish target
Target 4: 1.618 Fib – 82.81 - full potential of the pattern
With momentum building and a clean breakout structure, LINK is ready to fly toward these targets.
On the chart, LINK has formed a cup & handle pattern — a strong bullish continuation setup that often marks the start of a major rally. This is the beginning of the movement, and price action is aligning perfectly with technical targets.
Using Fibonacci extensions, here are the 4 upside targets:
Target 1: 0.618 Fib – 34.57 - initial breakout confirmation
Target 2: 0.786 Fib – 42.68 - momentum acceleration zone
Target 3: 1.272 Fib – 66.12 - extended bullish target
Target 4: 1.618 Fib – 82.81 - full potential of the pattern
With momentum building and a clean breakout structure, LINK is ready to fly toward these targets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.