LINK / BTC Secondary trend. Falling wedge

2021年3月25日

A falling wedge has formed in the secondary trend. The price is near an uptrend main trend. A breakout of the wedge resistance will reverse this local downtrend. To understand where the price is in the main trend and the logic of work, see my previous trading ideas and work updates (price movement development).

Coin in question: Chainlink (LINK)

2021年4月1日

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2021年4月13日

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+ 28% from the specified reversal zone. Breakout, retracement after breakout, a Ross Hook has formed.

2021年4月21日

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+ 40% since last update. + 25% + 40% the trend is developing. The price is in a local uptrend.

2021年5月9日

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+103%