LINKBTC in clear support area.
Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September.
The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall.
Its a cheap, solid project, and is gonna be on the upward move soon.
Patient hands and bargain hunters will be rewarded.
Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September.
The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall.
Its a cheap, solid project, and is gonna be on the upward move soon.
Patient hands and bargain hunters will be rewarded.