$LINK 🚨 #LINK/USDT BREAKING OUT!
Take Profit Levels:
1) First Take Profit: 13.28 (24h high)
2) Second Take Profit: 13.77 (middle Bollinger band)
3) Third Take Profit: 14.72 (swing high resistance)
Entry Zone: 13.05 - 13.15 (retest of breakout level)
Pattern Details:
✦ Ascending triangle forming on 4H chart
✦ Higher lows with flat resistance at 13.28
✦ Volume increasing on up moves
Key Indicators:
• RSI(6) 54.83 → Healthy bullish momentum
• MACD histogram turning positive (0.02)
• Trading above 20-MA (13.05) support
Chainlink Traders Note
1) Ideal entry on pullback to 13.10 area
2) Scale out profits at resistance levels
3) Stop-loss below 12.73 (lower BB)
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💡 Pro Tip: Chainlink often moves in strong trends - consider trailing stops after first target hit!
[Current analysis shows breakout from consolidation with increasing volume]