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LINK: CUP AND HANDLE confirmed, FALLING WEDGE forming

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KRAKEN:LINKUSD   Chainlink
Hello Traders,

We are looking at the 1 hour chart of Chainlink.

As we can see, a cup and handle formation has formed which is considered a bullish signal.

Furthermore, also a falling wedge is forming / has formed.

Wedge patterns have a tendency to break in the opposite direction from the trend lines.

Which makes this signal a: bullish/bearish

b]leave your answer in the comment section!

This is not financial advice, I am not a financial advisor.

Click the like button and more ideas will follow.

Thanks.
Feragatname

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