$LINK, 4 hour chart
4 Hour chart looking good for LINK.
Descending wedge has been broken out of with a target of $36.27.
RSI is oversold and is about to cross back up.
We will see if the momentum keeps in this upward channel.
October 12 to October 16 would be around the dates the $36.27 target will be hit if this ascending channel holds on the 4 hour chart.
This is my own opinion on what I see in the short to medium time frames and is not financial advice. If you would like to comment with any suggestions on what I may be missing that would be greatly appreciated. If you find that you think my opinion is wrong, give reasoning to back up your opinion so I can see your side. Welcome to pin your charts to the comments. Take care.
Descending wedge has been broken out of with a target of $36.27.
RSI is oversold and is about to cross back up.
We will see if the momentum keeps in this upward channel.
October 12 to October 16 would be around the dates the $36.27 target will be hit if this ascending channel holds on the 4 hour chart.
This is my own opinion on what I see in the short to medium time frames and is not financial advice. If you would like to comment with any suggestions on what I may be missing that would be greatly appreciated. If you find that you think my opinion is wrong, give reasoning to back up your opinion so I can see your side. Welcome to pin your charts to the comments. Take care.
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