๐ Paradisers, #LINK has broken out of the resistive trendline and is beginning to show signs of a reversal.
๐ If #LINKUSDT breaks above the resistance zone, it will confirm the breakout of a triple bottom pattern, enhancing the probability of a bullish move.
๐ In the case of a pullback, we can expect a bounce from the demand zone, but note that the probability of success is lower than the breakout of the triple bottom, so manage your risk carefully.
๐ However, if the price breaks down below the demand zone, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.