
Chainlink: ⬆️ Buy
– Chainlink reversed from support zone
– Likely to rise to resistance level 14.00
Chainlink cryptocurrency recently reversed up from the support zone between the long-term support level 11.60 (which has been reversing the price from June) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous minor impulse wave iii from the middle of January.
Given the strength of the support level 11.60 and the oversold daily Stochastic, Chainlink cryptocurrency can be expected to rise to the next round resistance level 14.00, which stopped earlier wave ii.
Source: https://fxpro.news
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