Chainlink Reverses From 10.80 Support, 11.50 in Focus – 9…
By Karthik Subramanian
AI summary of the source article
Chainlink has reversed upward from a support level of 10.80, forming a daily Bullish Harami candlestick pattern. It is expected to move toward the 11.50 resistance level despite market pressure from US spot Bitcoin ETF outflows.
Key facts
- Chainlink reversed upward from a support zone around the 10.80 level.
- The reversal formed a daily Bullish Harami pattern, stopping a downward impulse from early November.
- The movement occurred amid broader crypto market sentiment pressured by continued outflows from US spot Bitcoin ETFs.
Source excerpt · FinanceFeeds
Chainlink cryptocurrency can be expected to rise further toward the next resistance level 11.50 (former support from the middle of October). Chainlink reversed from support zone Likely to rise to resistance level 11.50 Chainlink cryptocurrency recently reversed up from the support zone between the support level 10.80 (which has been reversing the price from September, as can be seen from the daily…