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Josh Rager Draws Key Bullish Levels for Bitcoin, Chainlink and FARM

A cryptocurrency analyst and trader Josh Rager outlines his key bullish levels for Bitcoin, Chainlink and a small altcoin: Harvest Finance (FARM)

The trader shares with his 176.9K Twitter followers that Chainlink (LINK) could be showing signs of a potential rally that breaks the $26.50 level.

“If price gets a pullback soon, would like to buy a potential retest of sub $21 before a move to $26.50+”

https://twitter.com/Rager/status/1421205297218170884

He is also looking at yield farming protocol Harvest Finance (FARM) as another bullish altcoin that could produce big gains in the near future. FARM’s total value locked (TVL), which is the amount of the coin’s supply that is locked up in staking, could act as a bullish catalyst that takes the nascent crypto to new heights, says Rager.

“FARM has had a decent uptrend since being listed on Coinbase.

Harvest may get the attention it deserves now after having a relatively high TVL.

Lots of volatility though. Still better to buy on a dex [decentralized exchange] over Coinbase at this time with liquidity.”

https://twitter.com/Rager/status/1421189362629419017

According to the trader Bitcoin must hold the support at $40,600. It’s crucial for a potential bull run to new highs, he says.

https://twitter.com/Rager/status/1420899086685937664

The trader argues that the more a resistance level is tested, the more likely it is to break.

“You can only test a level so many times before breaking it.”

https://twitter.com/Rager/status/1421211454401830916

At time of writing, Bitcoin is trading at $39,862.46, down 4.67% in the daily chart.

Source

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