LINK bottoming out on pure despair
- +1 year long range on LINK has seemingly broken to the downside
- however, with PA clearly being constructive (4H uptrend, comments) it became clear very soon that LINK was not as bearish as most thought
- peak twitter despair as confluence
Trading above 5.6 is the final piece of the puzzle.
- however, with PA clearly being constructive (4H uptrend, comments) it became clear very soon that LINK was not as bearish as most thought
- peak twitter despair as confluence
Trading above 5.6 is the final piece of the puzzle.
Comment:
Established 4h uptrend immediately after the "breakdown".
Comment:
Turned out nicely. But the way LINK is pumping is a massive red flag for the entire market.