$LINK: Pitchfork holding strong.
Hey everyone. I hope ya'll are doing ok after that pretty brutal price action from this morning. I just wanted to post this as this link pitchfork has been holding strong for months and months now.
- We can see multiple times that the bottom 1.0 prong has been tested and has held. This is actually a pretty incredible trend line that has been a rock solid floor for the growth of Chainlink. I don't see that changing in this instance either.
- In bullish news? We've bounced and rallied decently well off this bottom blue trend line, and a touch of the 1.0 prong has lead to consolidations followed by massive rallies to all time highs pretty much each time it's done this.
- Long term view? We're still safely inside the 1.0 deviation here, and the macro trend is in tact. Again, I'm just buying and holding chainlink. I think trying to time the markets or over leverage yourself is asking to get spanked in this volatile market.
Either way, ASS, and CUMMIES and all the little Fin Tok kids having a blast creating meme coins and leverage trading for fun? That had to get spanked.
We're still set to have a great summer for growth in crypto, and especially defi. Link + Arbitrum will change the world. Soon after that I'd imagine link staking will be announced. And once that's on? It's go time for the price.
- We can see multiple times that the bottom 1.0 prong has been tested and has held. This is actually a pretty incredible trend line that has been a rock solid floor for the growth of Chainlink. I don't see that changing in this instance either.
- In bullish news? We've bounced and rallied decently well off this bottom blue trend line, and a touch of the 1.0 prong has lead to consolidations followed by massive rallies to all time highs pretty much each time it's done this.
- Long term view? We're still safely inside the 1.0 deviation here, and the macro trend is in tact. Again, I'm just buying and holding chainlink. I think trying to time the markets or over leverage yourself is asking to get spanked in this volatile market.
Either way, ASS, and CUMMIES and all the little Fin Tok kids having a blast creating meme coins and leverage trading for fun? That had to get spanked.
We're still set to have a great summer for growth in crypto, and especially defi. Link + Arbitrum will change the world. Soon after that I'd imagine link staking will be announced. And once that's on? It's go time for the price.
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