LINKBTC Should we rush to LINK already?
This is a simple chart and food for thought for those who want to rush on to the LINK wagon. You all know I've been a big LINK fan for a few year now and I've been posting my expectations including those below:
This study is attempting to put the question above into perspective using the behavioral pattern after ATH and the RSI fluctuation.
As you see on the chart, every time LINKBTC makes an All Time High (ATH), the price pulls back below the previous ATH touches (some times marginally breaks) the 1D MA200 and then rebounds to make new ATH. The sequence has been repeated several times since 2018, solid enough to make it a reliable pattern.
On top of that, those MA200 bottoms, have coincided with bottoms on the RSI. As you see there is a clear Buy Zone.
Take advantage of the above factors and jump on the wagon on time for the most optimal risk/reward ratio.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
This study is attempting to put the question above into perspective using the behavioral pattern after ATH and the RSI fluctuation.
As you see on the chart, every time LINKBTC makes an All Time High (ATH), the price pulls back below the previous ATH touches (some times marginally breaks) the 1D MA200 and then rebounds to make new ATH. The sequence has been repeated several times since 2018, solid enough to make it a reliable pattern.
On top of that, those MA200 bottoms, have coincided with bottoms on the RSI. As you see there is a clear Buy Zone.
Take advantage of the above factors and jump on the wagon on time for the most optimal risk/reward ratio.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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