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LINK / USDT: Macro Support Zone Reached

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The price has now reached the upper boundary of the ideal macro support zone for a complex and rare corrective structure (running flat), between 11–8.5.

syot kilat

As long as the price holds above April’s low, my operative scenario assumes that a new multi-year uptrend (wave (3)) has already started.
Key resistance zones to watch ahead: 85–121 (first major resistance) and 150–205/220 as final macro resistance targets.

Full view of the macro structure:
syot kilat

Thank you for your attention and I wish you successful trading decisions!



Previous trend analysis on LINK:
Nov'24: https://www.tradingview.com/chart/LINKUSD/H8QYQ3UQ-link-volnovaya-struktura-makro-upd/

Jun'24: https://www.tradingview.com/chart/LINKUSD/Hzf4yFlp-linkusd-volnovaya-struktura-aktiva-upd/

Dec'23: https://www.tradingview.com/chart/LINKUSD/NJx3kjel-linkusd-volnovaya-struktura-aktiva/

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