Breakout Imminent On Huge Symmetrical Triangle. 7$ Incoming!

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 divergence. Finally, this is coming after a full retrace to the .618 fib. This is going to be a fun week and a half and I expect price to hit $7 to complete the 5th Elliot wave.

Bình luận:

Breakout on the 1h confirmed!