LINKUSD, Channel-Formation, Potential Flag When This Happens!

Hi,

Welcome to this analysis about LINKUSD we are looking at the hourly timeframe perspective. LNKUSD in recent times is forming some interesting developments as it is holding the structure especially above the 75- as well as the 55-EMA. Besides that it developed this main ascending-channel-formation marked in my chart with the black boundaries, within this formation it has the coherent wave-count from A to C completed and when it now manages to hold the structure and bounce from the confirmational-bounce-cluster to build up further and form the breakout above the upper-boundary this will be the set-up for further continuation and especially the C-wave-extension moving on to test upside zones, it will be an interesting journey ahead.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.