LINK has proven again and again to be one of the best investments of 2019 to 2020.Now after the recent market-wide pullback, we are at a point of support.
Not all supports are the same, the more times support is tested, the weaker it becomes as buyers become exhausted, this support has only been tested once very briefly so we can expect it to remain strong.
Volume profile also shows pretty strong volume just below this, supporting the idea that strong buying pressure can show up in this area to push prices up.
I'm opening a LONG to catch the rest of the movement especially if we can continue this bull market with
LINK being one of the best performers (and one of the most established coins).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.