SyedB69

LINK IS GETTING READY!

Long
COINBASE:LINKUSD   LINK/USD
LINK is getting ready for a big move. Volume is declining .The RSI is coiling up we will see a breakout soon.

Comments

What did you have as a high for February?
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SyedB69 Hop7777
I guess 30$ but things can change quickly
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Are you from the future? lol nice TA! Link had been consolidating for many days glad to see it move up.
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SyedB69 MoonCat8
@MoonCat8, thank you!
+1 Reply
I noticed volume has declined. Would you explain the relationship you mention between low volume/rsi and LINK price increasing? Thank you
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SyedB69 Hop7777
@Hop7777, a symmetrical triangle is a consolidation pattern in which volume declines until a breakout.I am using the RSI trendlines to tell me when a breakout will occur .The LINKBTC is showing signs of strength it is sitting on strong support telling me that a move up is more likely.
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Hop7777 SyedB69
@SyedB69, got it. Thank you
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MoonCat8 Hop7777
To add, if you look at the RSI you can see the patterns very clearly. RSI goes above 69, price drops dramatically as it enters overbought status.
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