We are primed for a HUGE run for LINK/USD. This symmetrical triangle has been forming for over a month and it looks like it is ready to pop. I expect this to break up due to bullish volume as well hype circulating about the Web3 Summit which is in 9 days. The MACD was looking bearish for a moment but it looks like there is going to be a bullish bounce at the...
Bears have the momentum after breaking out of this Equilibrium pattern with lower highs and lower lows.
Pattern: Channel Up on 1W. Signal: Bullish as the price made a strong hold on the former Channel Up (bold lines). Target: 3.40000 (meet with the ATH trend line (dashed)).