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kizoki _Yz
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#LINK ChainLink has broken out of a descending triangle pattern and moved above the 200 moving average💁‍♂️ Price is currently testing the resistance above the MA 200👀 A successful breakout would confirm a continuation of bullish trend📈 $LINK

#LINK

ChainLink has broken out of a descending triangle pattern and moved above the 200 moving average💁‍♂️

Price is currently testing the resistance above the MA 200👀

A successful breakout would confirm a continuation of bullish trend📈

$LINK

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Analysis FIL/USDT📣🎯 1. Price Movement and Patterns: • The price has been declining and is currently around $5.024. • A significant support zone is visible around $3.834. • The chart suggests a bullish reversal pattern with potential upward targets. 2. Fibonacci Retracement Levels: • The chart shows potential resistance levels at approximately $9.268, $10.451, and $11.778. • These levels align with Fibonacci retracement levels, indicating potential reversal points. 3. Stochastic RSI: • The Stochastic RSI indicates the price is oversold (with values around 17.93 and 17.26). • This typically suggests a buying opportunity as the price might be poised for an upward movement. 4. Historical Performance: • The historical win ratio for bullish setups is around 60%, while bearish setups have a win ratio of about 66.67%. • The risk-reward ratio for both is around 2.33. Predictions: • Short to Mid-term: • Potential upward movement towards the first target at $9.268. • If the price breaks this level, the next targets would be $10.451 and $11.778. • Long-term: • If the price continues the bullish trend, it might reach $11.778 or higher. Trade Strategy: 1. Entry Point: • Enter around the current price level ($5.024) considering the oversold condition of the Stochastic RSI. 2. Target Prices: • First Target (TP1): $9.268 • Second Target (TP2): $10.451 • Third Target (TP3): $11.778 3. Stop-Loss: • Place a stop-loss slightly below the recent low at around $4.946 or more conservatively below the major support at $3.834. Recommendations: • Buy at the current level or on slight pullbacks. • Stop-Loss at around $4.946 for tighter risk management or below $3.834 for a more conservative approach. • Take Profits at the defined target levels ($9.268, $10.451, $11.778). Monitor the price action and adjust your strategy based on market conditions and any new data that might affect the price of FIL. $FIL #AirdropGuide #BTCFOMCWatch #CPIAlert #ETHETFsApproved #FIT21
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