The price perfectly fulfilled my previous idea. It hit the target level. 
LINKUSDT has gained upward momentum on the 1H timeframe, surging above the 15.00 level and downward trendline. On the daily timeframe, we see a series of four consecutive bullish candles, indicating strong buying pressure. Recent price action suggests the formation of ABC signals, implying that the market is positioning itself for an upward move towards the next resistance level around 17.00. As momentum builds, it is likely to test this key level, which could lead to further price increases unless sudden negative news triggers sell offs. Overall, I expect a pullback followed by a continuation move. My goal is the resistance zone around 16.45
LINKUSDT has gained upward momentum on the 1H timeframe, surging above the 15.00 level and downward trendline. On the daily timeframe, we see a series of four consecutive bullish candles, indicating strong buying pressure. Recent price action suggests the formation of ABC signals, implying that the market is positioning itself for an upward move towards the next resistance level around 17.00. As momentum builds, it is likely to test this key level, which could lead to further price increases unless sudden negative news triggers sell offs. Overall, I expect a pullback followed by a continuation move. My goal is the resistance zone around 16.45Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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Disclaimer
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
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.