#LINK/USDT Wyck-Off Analysis Update-

Hey fame,
hope you all doing well.

In the last chart of $LINK, I shared a Long-term view based on the Wyck-Off methodology.

#LINK currently trading at $18
And It’s Almost 45% Up from our entry zone.

45% Is good profit in Short Term.

$LINK followed our path very accurately, price was at the place of the secondary test of Phase B.

As we mentioned in the previous idea, the price is currently in the big accumulation range and it can leave this range at any time followed by high buying pressure.

Accumulation structure played,
wWe have seen ST in Phase B and after the test ‘SPRING’ took place.

However, the ‘Spring’ shakeout was not much greater in terms of retracement % and that’s because of the market bullishness and buying pressure.

$LINK price is following the other major altcoins and Bitcoin move as crypto market behave relatively,
all they have kind of similar move.

If the crypto market continues showing its bull strength and starts moving even higher, high probability that $LINK will hit its higher target.

Maybe in the next Altcoin rally,
we will see $LINK is breaking out of a structure and making new highs in the future.