attempting to push thru the local ascending triangle apex, but facing the HTF falling wedge resistance. If $btc plays nice and allows $link to break out, we'll be on our way to $4 and possibly ATH.
if $btc dumps, then this USD pair with dump with it.
looking for potential inverse H&S to continue the bullish trend. broke thru 24.5k resistance on the weekly, but it all depends on what btc decides to do. if btc pumps or dumps, i see link taking that final local dip to form the right shoulder and continue upwards to break out of the triangle.
but muh bull flag..
okay this pattern did start out resembling a bull sym triangle, but with multiple retests at $9.5k and what looks like an inevitable 4th retest, this bull flag has turned descending triangle. that's right folks; bearish. a failure of this pattern will be just that; a failure. anyone who is telling you this is still a bull flag should...