As we see the Link gets support in 50% of Fibonacci and the RSI indicator is about to above 50, which shows a significant point to entry but wait until it above 50 line in RSI. the Red Line also show the Bullish Divergence. If the price moves up we can see it will move above 36-40$. This situation has occurred in the past it may be repeat again.
According to momentum indicators such as MACD and Stoch RSI, In both 4H and 1D candle timeframe told us that the price can still move upward which expect to broke the resistance and if it broke the price might move higher than 100$. - Hope this information is useful and if I make anything mistake or missing sth let me know, it good to learn from other people too :)
Look at the 4H candle time frame the resistance had already broken. Also in the 1D candle, the Momentum indicators such as MACD and Stoch RSI. The MACD indicator show to MACD line was higher than the signal line which means it going up, and Stoch RSI shows the oversale with both lines is higher than 20. - Hope this information are useful and if I make anything...
In 1D candle, the momentum of MACD and Stoch RSI indicator shows us the overbought and a Macd line hit a Signal line which thought us that the trend must go down. with 4H broke the supports the result must be downward. for more the hit of the last resistance in 1H candle, it has Bearish Divergence. Hope this information useful and if I make anything mistake or...
GBP fail to breakout above resistance, so it may return into Downward and also may break a support line
LINK has moving in this channel for a while this time seem to be broke the channel