💰 #LINK +14%
Many were surprised by Chainlink’s sharp move upward yesterday.
📈 On the weekly timeframe, the token is moving within an ascending price channel. The movement logic is growth from the lower boundary to the upper boundary.
This move is supported by holding above multiple resistances (~$17.7 level, the middle of the channel, and the 50 EMA). This hold is further confirmed by a bullish engulfing candlestick pattern on high volume.
Most likely, the token will continue toward its main target I mentioned in the video — around $34 🎯
