LINKUSDT
LINKUSDT
Thoughts
The price has been moving in the accumulation zone for almost a year. The exit from such zones is very often given an upward impulse, so that a major player can reset his positions. Now the price has approached the local resistance zone inside the consolidation.
If BTC continues its upward movement, then we will see both a breakout and the possibility of exiting upward from the consolidation.
For ease local targets were marked on the chart.
☑️Targets: $11.12 - $13.08 - $14.45
However, we focus on the situation. Always look at the market globally and adjust to the general mood.
If you like the idea, don't forget to subscribe and rate like👍
Thoughts
The price has been moving in the accumulation zone for almost a year. The exit from such zones is very often given an upward impulse, so that a major player can reset his positions. Now the price has approached the local resistance zone inside the consolidation.
If BTC continues its upward movement, then we will see both a breakout and the possibility of exiting upward from the consolidation.
For ease local targets were marked on the chart.
☑️Targets: $11.12 - $13.08 - $14.45
However, we focus on the situation. Always look at the market globally and adjust to the general mood.
If you like the idea, don't forget to subscribe and rate like👍
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.