Chainlink several bullish signals! Parabolic?

Hi Traders!

We are looking at the one day graph of link/usd ..

We can see a MACD Cross whereby the fast line has crossed the slow line, which is indicating a shift in momentum. Bullish in this case.

Furthermore, we can see a bullish engulfing candlestick candle on 29-03-2021. The previous bullish engulfing pattern dates from 01-01-2021, which resulted in a rally of nearly 2 months.

Beside the previous, we can also see a double bottom which indicates a change in trend and a momentum reversal from prior leading price action. Bullish in this case.

In our previous analysis about Chainlink (1 hour graph), we spotted a cup and handle which also is a bullish signal.

However, yesterday I got me some new pair of shoes. Now I noticed that a lot of people are wearing the same shoes. Or was it the other way around?

This is not financial advice, I am not a financial advisor.

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