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Between the first and second LINKUSDT (Chainlink to USD) charts: Previous Chart (Nov 28, 2024) The price was $18.13, and Chainlink was breaking out of a prolonged downtrend marked by a descending trendline. The yellow zone, a strong accumulation and support area, indicated a potential bullish reversal. This setup pointed to an attempt to overcome significant resistance and transition into a more bullish market structure. Current Chart (Dec 3, 2024) The price has surged to $25.07, showing a significant breakout above the descending trendline. This upward momentum reflects strong buyer interest and confirms the reversal from the accumulation zone. The price now appears to be targeting higher resistance levels, with the yellow zone serving as a solid base for future support. Chainlink's move demonstrates renewed strength in the market and positions it for further upside if momentum continues. $LINK
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"🚨 Chainlink (LINK/USDT) Weekly Breakout Alert! 🚨 The chart shows a clear breakout from the long-term descending trendline, confirming bullish momentum. With LINK currently trading at $18.13 (+4.50%), the price has also breached a critical resistance zone highlighted in yellow. Key Levels: Resistance Turned Support: $15 Next Target: $25+ This breakout signals potential for a significant rally ahead. If volume sustains, we could see LINK heading towards its previous highs. 🌟 What are your thoughts on this breakout? Is this the start of a new bull run? Let us know below! 👇
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USDT Dominance Retest Signals BTC Surge to $100K! After analyzing the USDT dominance and BTC/USDT charts, a key trend has emerged: USDT dominance recently retested its major support trend line from the downside, showing a 7% increase off the support area. This pattern hints at a significant shift in the market. If USDT dominance continues to decline back toward its support zone, it could pave the way for BTC to rally. With this correlation, BTC has the potential to surge by at least 7%, potentially marking the start of a move toward the long-awaited $100K level. The charts are aligning, and the market is at a pivotal moment. Are you prepared for the next big move? #Bitcoin #CryptoAnalysis #BTC100K #USDTDominance #CryptoMarket $BTC
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