This is honestly one of the easiest buy signals I've seen as of late. This falling wedge is getting really tight and it has been testing the upper resistance for the last three days. The MACD is showing a bullish divergence for the first time since June 27th (57 days). Last time this happened there was a 2.3X in price from 17000 sats to 39500 sats. I have drawn out my three price targets (T1, T2, T3) in the case that this wedge breaks resistance. Target 3 is based on the same gains we saw the last time MACD had a bullish cross. The 100 day MA looks to be support right now as well.
Remember, the Web3 Summit is next week, rumors of announcements are floating around and new nodes and partnerships are announced daily. The FUD surrounding LINK is huge with the developers "dumping", but it's irrelevant to me. The stars are aligning right now and this is looking bullish.
*This is not financial advice. I am not responsible for losses of money.*
Remember, the Web3 Summit is next week, rumors of announcements are floating around and new nodes and partnerships are announced daily. The FUD surrounding LINK is huge with the developers "dumping", but it's irrelevant to me. The stars are aligning right now and this is looking bullish.
*This is not financial advice. I am not responsible for losses of money.*
Comment:
Breakout confirmed on the 1h and 4h chart! Path to T1 begins now!
Comment:
Price touched 24000 sats. Looks like it’s cooling off a bit before the next bounce
Trade active