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:
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.
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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