Technical analysis by coilemard about Symbol LINK: Buy recommendation (12/7/2024)

Greetings Everyone,Today, I’m sharing some updated charts for LINK/USD.This will be a brief update to ensure the charts are delivered promptly. Please refer to the attached screenshots for a detailed view of each section of the price action:- Dropbox Link - dropbox.com/scl/fo/vvgjo4cdorqx5mjvchuti/AAqs5VEf9A8ZpwitfHXP9Vg?rlkey=hmv2a36l112nkt8rrehnn9pxb&st=dyq27ej2&dl=0Key Observations:•LINK/USD is breaking out of a flag pattern that began around $19.70. The measured move target for this breakout is approximately $36, making this a favorable risk-to-reward opportunity.•Price action appears primed for a significant move. However, it recently faced rejection at the peak of the flag.•I’ve outlined potential areas for the conclusion of Wave 5, though price could extend beyond these levels.I’ll continue monitoring the situation closely.Thanks,C. Lemard