$LINK Breaks Out of Ascending Triangle, Eyes More Upside
The ascending triangle breakout for LINK that was called on the 4-hour chart has played out as expected. The cryptocurrency pushed above its key resistance zone, retested the breakout level successfully as new support, and saw a price increase of +9.05% since then with bullish momentum intact.
This marks a significant development for LINK investors who followed the setup. The structure remains bullish while holding above the reclaimed zone, leaving room for more upside in the future for $LINK.