calmrat

$28 LINK aims for gold

Long
COINBASE:LINKUSD   Chainlink
Mucking our way through the $24-26 range, we're doing well to get back above the market bands. Cushioned by low 18.75 support line. We have $22 general market support. Bull market bands -- 20w sma and 21w ema -- are at $25 and $26.75, with a high support at 29.50.


Clearly we are trading sideways. With an nausea-enducingly wide range.

$27 appears to be the VPVR point of control, in terms of volume traded between now and June 2021, which aligns with the bull market bands where we are trading for the last few days.

We need to keep above 27, or it means the market makers will bring us back down, and have only used these recent days to load them with better short prices. We'll see.

My suspicion (bias alert...hope, i'm fully longed at the moment in my own trades) that is we will move to the upside for a bit yet still.

I'm happy to see that we closed the $25 levels. Some lost LINK and USDT along the way, i'm sure. But for those HODL'ers out there. This move's for you!

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