The LINK/USDT pair has shown strong bullish momentum on the 1-hour timeframe, breaking above both the 15.00 level and a downward trendline. On the daily chart, four consecutive bullish candles reflect persistent buying pressure.
Recent movements suggest an ABC pattern is unfolding, hinting at a potential push toward the 17.00 resistance level. With momentum building, the market may soon test this zone, barring any negative news that could prompt a sell-off. A pullback may occur short term, but the overall outlook remains bullish, with a mid-term target at the resistance zone around 16.45
Recent movements suggest an ABC pattern is unfolding, hinting at a potential push toward the 17.00 resistance level. With momentum building, the market may soon test this zone, barring any negative news that could prompt a sell-off. A pullback may occur short term, but the overall outlook remains bullish, with a mid-term target at the resistance zone around 16.45
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.