LINK is breaking out of an accumulation zone and completing a cup and handle formation with a measured move in the $33 region.
Watch for the resistance zone above $33 for a potential stall out of the move; however, if it can break that level, then we can easily move much higher.
Remember, BTC finally diverged from the market today. This could be the beginning of ALT season that we have all been waiting for since late December.
Watch for the resistance zone above $33 for a potential stall out of the move; however, if it can break that level, then we can easily move much higher.
Remember, BTC finally diverged from the market today. This could be the beginning of ALT season that we have all been waiting for since late December.
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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.
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.