BINANCE:LINKUSD   ChainLink / US Dollar (calculated by TradingView)
This signal is based on inter time-frame pattern recognition and in particular ChainLink's July/ August 2019 4H price action versus the 2018 1D candle action. Before there are any misunderstanding and willing critics of the different time frame comparison, I am stating that I am interested in pointing out the obvious similarities. Trading psychology is the same whether on short term pattern or a longer term horizon.

So to cut straight into the study at hand, we see that LINK's 1D chart on the 2018 bear cycle ended with a Double Bottom below the MA50. What followed was a strong 6 month rise to a new All Time High.

Similarly the current July/ August 2019 4H price action is on Double Bottom levels and below the MA50. If the same trading dynamics apply then soon we should see a bullish reaction first to the 2.75 Resistance and in a month's time towards 4.5000.
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Why compare 4hr and 1d? Also, I hope you are correct as I have a heavy LINK bag, but we broke the wrong way.
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Chainlink potential vs Bitcoin:
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@Samoto, Looking good Samoto!
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Very good! I was just looking at LINK today also.
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