LINKEUR
LINK/BTC (All Time High?)LINK/BTC
-new all-time high?
-the weekly chart pattern is quite bearish
-RSI is also bearish
-volume is declining indicating consolidation
-LINK may still run up to 70000
-and decide to consolidate in that region
-I know there is still upside left
-but I do not recommend to buy at this level
-giving the fact of bearish warning signs
-I would rather look for coins who haven't moved yet
-I do not want to short this coin also
-as the market still going higher
-for me, watching the coin hit ATH is like watching a nice movie :)
-I'll stay on the sideline and wait for the right opportunity
ChainLink on the way for new All Time High? Massive breakoutLINK broke out of it's bearish channel.
The same thing happened couple weeks ago and caused a massive bullrun as you can see.
LINK will probably do the same and aim firstly to the main big resistance as you can see on the chart. If enough volume and volacity is present it'll be an easy breaktrough imo.
Als as you can see the volume is increasing ALOT. And this since weeks.
The green line of support is the biggest supportline of LINK, this where price most probably will reach its lowest range.