Really Happy my friend told me to buy this one. Looks like we see some massive gains this summer Marines!
LINK has been such a beast, people seem to think the rules of markets don't apply to it. Ignore the numbers and look at the candles, and tell me if that $1 line doesn't look like a conservative retracement point for a bounce.
Looking at LINKUSD and it's approaching this daily resistance, and if that breaks we could get into upside price discovery, but if not, or if BTC drops suddenly, I think these different daily blocks would be great places to buy this beast. Had a big bag in 2017, and little did I know I should've just went all in on Link and gone on vacation for 2018
Pretty simple here, 450 ma squeezing price against 233ma on 4hr. CCI looks great and the confluence of wave-pm consolidation and VFI being on the brink of breaking upward suggest there's gonna be ample enough price action to pull a lot of money in.
LINK has often had a modest sell off prior to large takeoff in price. Purple line is where I would like to see support hold prior to a run, if one is to come. I have a stop at 21k which I expect will be wicked through to steal my position prior to the run... OR... I will protect my funds through another leg of downtrend to 18k. No bother, I will sleep well...
I am not a LINK marine. Never fall in love with any of these 'coins'. With that said: ARGUMENT: LINK is one of the only 2017 coins still going strong, rabid community behind it, and on a loose leash from BTC movements for the most part. With Web 3 in late August and some other thing in September, there are two good 'stories' to act as cover for price moves up....