Welcome to this analysis about LINKUSD, we are looking at the 4-hour timeframe perspectives. LINKUSD has managed to bounce in the structure and moved above important resistances within the range where it has now developed this triangle-formation above the main point-of-control within the volume profile. LINKUSD is now about to finish the wave-count within the triangle with the remaining wave C upcoming next times and when this C bounces sufficiently within the confirmational-bounce-cluster this will lead to an upside-breakout above the upper-boundary of the triangle which will be the proper setup to determine further continuations and testing of the remaining upper resistance LINKUSD still has in the structure.
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Information provided is only educational and should not be used to take action in the market.