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Chainlink
Long

LINK/USD: Important Bullish Breakout & New Structure High

By VasilyTrader
Updated
snapshot

Link managed to break and close above a resistance line of a major ascending triangle.
A new market high is set.

Now the contracting area between a broken horizontal level and a rising trend line serves as a local zone of demand.

Bullish continuation is now expected.

Goals:
28.1 - 1.272 extension of a triangle's range
30.0 - psychological number

Comment
Check my new analysis on GOLD:
GOLD (XAUUSD) What to Expect Next Week?
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