Hi, friends. Today i want to analyze ChainLink. Picture simple with bitcoin situation. We have big volume of newly open positions above 3.83 and involved bulls with closing after. Targets for bears 3.666, 3.617.
Levels thanks to X-Lines indicator. Volume analyze with X-Volume script.
Waiting your likes!
In this update I discuss the recent price change on the bitcoin chart, so far confirming the action being contained in the wedge which points toward the date of the bitcoin block reward halving.
I go over the previous 2016 halving and the price jump in the weeks prior, and try to use it as a lense to help understand what may happen in the coming months....