$LINK: Is bullish. That's it. That's the post.
- Massive upper trend line about to be tested. Let's see if it can clear that.
- Turquoise horizontal lines are previous highs and lows = probably S/R levels.
- Both super trends are BUY on the 4 hour chart.
- True Vibration is showing a long green buy zone. Looking for the invalidation around this level too.
- Bollinger bands are pretty wide, but bottom band and top band are both starting to point up. = bullish continuation of volatility.
If $LINK breaks above that upper trend line from the last few weeks. I'd expect it to pump, retrace to retest one of those horizontal S/R levels, and then to continue on it's grind towards 3 figgies and beyond.
Once staking is announced, all bets are off. That will be a massive buy the rumor event. $100 would be a pit stop when that happens.
A failure to break above that upper trend line would probably see us retest the 35.20 level, and if that doesn't hold then back down to 30 which has established itself as a strong floor. If it hits 30 again? I'm giga chad high leverage longing. Full send.
Either way though? I'm LONG term hold on this. Passive income from the most important crypto in the entire space is part of my long term plans. If you know, you know.
- Turquoise horizontal lines are previous highs and lows = probably S/R levels.
- Both super trends are BUY on the 4 hour chart.
- True Vibration is showing a long green buy zone. Looking for the invalidation around this level too.
- Bollinger bands are pretty wide, but bottom band and top band are both starting to point up. = bullish continuation of volatility.
If $LINK breaks above that upper trend line from the last few weeks. I'd expect it to pump, retrace to retest one of those horizontal S/R levels, and then to continue on it's grind towards 3 figgies and beyond.
Once staking is announced, all bets are off. That will be a massive buy the rumor event. $100 would be a pit stop when that happens.
A failure to break above that upper trend line would probably see us retest the 35.20 level, and if that doesn't hold then back down to 30 which has established itself as a strong floor. If it hits 30 again? I'm giga chad high leverage longing. Full send.
Either way though? I'm LONG term hold on this. Passive income from the most important crypto in the entire space is part of my long term plans. If you know, you know.
