@CryptoWorldJosh

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Correct
LINKUSDT
Long Entry 13.8700 2025-12-06 15:46 UTC
Target 14.5000 In 3 Days Fail 11.9000
Risk/Reward 1 : 0
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Final PnL
4.54%
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Bitcoin has confirmed multiple rejections from the 92,000 to 94,000 resistance area. Despite this short-term struggle, the price is forming higher lows, indicating a subtle bullish bias, supported by an active oversold signal on the 3-day Relative Strength Index (RSI) suggesting an ongoing short-to-mid-term bullish relief. However, a significant bearish divergence remains on the weekly chart, influencing price over a multi-month horizon. A confirmed daily close above 94,000 is required to target the next resistance at 99,000 to 100,000, with support expected around 85,000. Ethereum is currently retesting a crucial resistance zone between 3,000 and 3,100. The 4-hour Ethereum RSI is overbought, implying a short-term cooling-off period. Should the daily candle close below 3,000, it would invalidate a potential W-pattern targeting 3,400. Over the next 24 hours, a slight weakness is anticipated, but a generally bullish outlook persists for the week. The short-term bearish divergence on the 4-hour chart suggests a temporary pullback before a potential bounce. Solana is consolidating within a short-term sideways range. The larger trend is bearish, characterized by lower highs and lower lows, without significant bullish reversal signals on larger timeframes. Resistance is noted between 143 and 147, with strong support found between 124 and 128. The market is expected to continue trading within this range. XRP is currently influenced by a multi-month bearish divergence on the weekly chart, contributing to a prolonged pullback. On the daily chart, a smaller bullish divergence indicates short-term bullish relief and choppy sideways price action. Price is testing support at $2.00 to $2.05, with subsequent support at $1.90 to $1.95, and $1.81 to $1.82. Resistance is anticipated around $2.20. Chainlink has seen a rejection from approximately $15.00, having nearly completed its previous price target. It is now retesting support around 13.40 to 13.50. A bullish divergence is active on the daily chart, and the RSI is showing signs of reversing its larger downtrend. The next major support level is at $12.00 to $12.10. For sustained bullish movement across altcoins, a confirmed Bitcoin breakout above 94,000 remains a critical factor.
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