LINKUSD, Substantial Breakout When This Formation Completes!

Hello Traders Investors And Community,

Welcome to this analysis about LINKUSD, we are looking at the 4-hour timeframe perspectives. LINKUSD managed to hold above the 20 USD level and bounce severely in this zone to the upside, besides that LINKUSD has now developed this decisive descending-triangle-formation with the coherent wave-count within almost already completed. As LINKUSD now tests the upper-boundary of the triangle this can lead to a determined breakout when demand increases further and when it happens with LINKUSD finally closing above the upper-boundary as shown in my chart this will be the confirmation of the triangle-formation and will activate the upside-targets and the main wave C in the major wave-count from where the situation needs to be elevated anew.

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Information provided is only educational and should not be used to take action in the markets.