LINK price structure looks pretty good right now. I expect small dip, pop up, pullback, and then a solid run to be one of the stronger movers in the next cycle. Keep an eye on it.
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Give it a few more days to simmer, then we'll see which way it breaks. I still think up even among this overall bearish market chop. This pullback was expected, as stated in the description and drawn in the cyan line.
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I'm still optimistic about LINK compared to other coins in the top 50. It could play out similarly to a recent post I made on XLM. Signals were there, but the market drove down into a bear trap first before moving up to the targets. You can see moronic comments saying "Nope" and "WRONG!" just before the market inflected upward and it extended even beyond my bullish targets. It's not over yet, this is just the way crab markets go.
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