This is perfect. Here we can see Chainlink growing in "mid-air." Can that be said?
"Mid-air" because the rise keeps on happening and the retrace finds support where there is no support; that is, LINKUSDT continues to grow straight up. This is as good as it gets.
We had only five days red and LINK turns green again. This doesn't change anything on the smaller or bigger picture, market dynamics remain the same.
If this day is red, the next day red and another 3, 5, 9 days red; it doesn't matter, we are in a bullish wave.
If this day is green, the next day green, then red, then green and so on; it doesn't matter, you are looking at market noise.
The noise will continue and at times it will even intensify. Volatility will also increase as prices continue to increase. Trading complexity will be up. Risk will be higher but, right now, it is still early because Chainlink can easily hit $100+. Knowing this, I buy and hold.
Namaste.
"Mid-air" because the rise keeps on happening and the retrace finds support where there is no support; that is, LINKUSDT continues to grow straight up. This is as good as it gets.
We had only five days red and LINK turns green again. This doesn't change anything on the smaller or bigger picture, market dynamics remain the same.
If this day is red, the next day red and another 3, 5, 9 days red; it doesn't matter, we are in a bullish wave.
If this day is green, the next day green, then red, then green and so on; it doesn't matter, you are looking at market noise.
The noise will continue and at times it will even intensify. Volatility will also increase as prices continue to increase. Trading complexity will be up. Risk will be higher but, right now, it is still early because Chainlink can easily hit $100+. Knowing this, I buy and hold.
Namaste.
Dagangan aktif
Here is a closer look: The action is happening barely below support but with a bullish bias, it can be spotted if you look at the 4H timeframe. The volume reveals it.
Below support is bearish of course but if a drop does not develop fast, then it becomes a bullish scenario. So far, there is a long lower wick which means that selling pressure was already absorbed once. LINKUSDT is now challenging support.
Patience is key. The rest of the market is saying up. Prices are fairly strong here. A nice advance and only a small retrace. Strength.
Namaste.
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t.me/lamatrades/4
t.me/masteranandatrades/9279
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t.me/masteranandatrades/9271
✅ 4 PREMIUM Telegram channels special offer
—One-Time Payment! (🔝 since 2017)
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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.