Lingrid | LINKUSDT moved out of the CONSOLIDATION zone

The price perfectly fulfilled my previous idea. LINKUSDT has broken through the downward channel, clearing the key level at 15.00. As I examine the current market dynamics, I think it's likely that the price has formed a double top pattern on the 1H timeframe. This suggests that there's a possibility that the market may retest the support level. Additionally, on the daily timeframe, the market has escaped the consolidation zone and closed above it. Going forward, I expect a potential rollback to the support level before resuming its upward trajectory by taking liquidity below the Friday low. My target is at the resistance level 17.50.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻