Chainlink (LINK) Cup & Handle BULLISH!

Chainlink (LINK) has formed a Cup & Handle pattern with a bullish scenario. The breakout has formed a bullish trend for the bulls creating pressure to push the price to the upside. In addition, the bears have pulled the price back down towards the neckline which acts as a previous Upper Resistance line.

Bid Zone= $19.27 - $22.87

Expect price to continue to the upside with followed buying momentum from the bulls. After this pullback, Chainlink will now retest previous "All-Time High" dated back from 2021.

Target= $52.28