LINK/USD: Key Level to Watch
Updated
Hey traders,
Link retraced to an important confluence zone on a daily.
We see a perfect match between a horizontal structure and 0.5 / 0.382 retracements of the last impulses.
To buy with a confirmation watch a falling wedge pattern on 1H time frame.
You need a bullish breakout of its resistance (hourly candle close above) to confirm the breakout.
Goals will be 16.04 / 16.6
If the price breaks a blue zone to the downside, the setup will be invalid.
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