LINK/USD Bullish Above EMA50

LINKUSD is now trading above EMA50, which is marked here with a bold magenta line.

This is means now that the bulls are in full control.

As bullish signals, we can also notice for LINKUSD:
  • A broken downtrend line.
  • Increasing green volume bars.
  • A rising MACD.
  • RSI at 58 (bullish)
  • We also have an inverse h&s pattern which can signal support was found.


I've marked the next immediate target followed by higher ones with a magenta dashed-line.

We remain bullish above MA200 (black line)/bearish below.

Namaste.
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