LINKBTC
Looking at LINK on the weekly chart
By looking at this chart you can see this has some big players playing it. It adheres to TA perfectly. The scary part is that 99% of the public have no idea. Scary if your are a long term investor and want to buy here. LINK has been in a bull since its inception in September 2017 making higher highs and higher lows. Currently im looking to buy a long term buy in the green buy zone. This coin needs a decent pullback but that's not to say that there could be money to be made on lower time frames. It could flag off the .382 that price is holding on to currently and keep making higher highs but for me to be a long term investor in this project its just to risky to buy here.
What I see on the chart TA wise:
*Price playing in a triangle pattern
*Nothing to see in RSI
*Same as in Willy
*Histogram still looking ok and in convergence
*OBV still looks ok
*Very little volume is being traded currently meaning there will be a fight between the bulls and bears to retain control
*The POC on VPVR is pretty scary all the way down at 4800 sats (If price trades sideways or comes down the POC can move up from its position to possible be at the green zone)
*Price trading on single ticks on VPVR which isn't a good thing.
By looking at this chart you can see this has some big players playing it. It adheres to TA perfectly. The scary part is that 99% of the public have no idea. Scary if your are a long term investor and want to buy here. LINK has been in a bull since its inception in September 2017 making higher highs and higher lows. Currently im looking to buy a long term buy in the green buy zone. This coin needs a decent pullback but that's not to say that there could be money to be made on lower time frames. It could flag off the .382 that price is holding on to currently and keep making higher highs but for me to be a long term investor in this project its just to risky to buy here.
What I see on the chart TA wise:
*Price playing in a triangle pattern
*Nothing to see in RSI
*Same as in Willy
*Histogram still looking ok and in convergence
*OBV still looks ok
*Very little volume is being traded currently meaning there will be a fight between the bulls and bears to retain control
*The POC on VPVR is pretty scary all the way down at 4800 sats (If price trades sideways or comes down the POC can move up from its position to possible be at the green zone)
*Price trading on single ticks on VPVR which isn't a good thing.
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