#TradersBootCamp$BTC
📊Chainlink ($LINK) Weekly Chart Outlook
$LINK is trading in a clear ascending wedge structure and has just bounced off the Fibonacci level 0.786 ($13.55) — a strong historical retracement area.
This bounce aligns perfectly with the lower trendline support, indicating the potential for further upward movement. If this trend persists, we could witness a strong bullish rally ahead.
Bullish Targets:
Target 1: $25.80
Target 2: $32.66
Target 3: $40.70 (upper wedge resistance area)
📍 Entry Zone: $13.50–$15.50 (current bounce zone)