See also
With the appearance of the Bullish 123 pattern followed by the appearance of the Bullish Ross Hook which managed to break the previous downtrend line and the Stochastic Oscillator indicator which is also in a Crossing BUY condition so that based on this information in the next few days, the Chainlink cryptocurrency has the potential to strengthen upwards where the level of 15.98401 will try to be broken and close above it. If successful then Chainlink will continue its strengthening back to the level of 17.57177 as its main target and if the volatility and momentum of its strengthening support then the level of 19.61823 will be the next target to be aimed of, but if on its way to the target levels mentioned suddenly Chainlink corrects down weakening until it breaks through and closes below the level of 11.90707 then all the strengthening scenarios that have been described previously on this cryptocurrency will become invalid and canceled by themselves.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Bitcoin and Ether surged strongly during Asian trading, although yesterday ended on a somewhat downbeat note. However, despite the rapid strengthening of these assets, Bitcoin once again failed to maintain
Bitcoin and Ethereum continued their corrections, falling significantly throughout yesterday. The decline extended into today's Asian session, with Bitcoin updating its price to $104,500 and Ethereum testing $2,560. Thus
Bitcoin has shown a fairly solid rebound, climbing back above the $108,000 mark and breaking through $109,000. The chart below highlights a morning breakout through the $108,100 level. Statistics confirm
Graphical patterns
indicator.
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