$LINK: Double bottom? Pitchfork intact!Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how $LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above lower 1.0 blue deviation. We're currently testing the 0.5 deviation and if we don't reclaim that? I'd look for another leg down. If $LINK's PA follows previous fractals? I'd expect it to range for quite a while in this channel that we're in? But if we fight above the 0.5 pitchfork prong? Then we're building back those patterns and consistencies in behavior.
Either way. $LINK staking is coming... you have until then to stack as much as you can before it leaves this hilariously low price range, and we push up towards 3 figures and beyond.
Just be patient. It's probably going to range for a month or two.
Truevibration
$LINK: Is bullish. That's it. That's the post.- Massive upper trend line about to be tested. Let's see if it can clear that.
- Turquoise horizontal lines are previous highs and lows = probably S/R levels.
- Both super trends are BUY on the 4 hour chart.
- True Vibration is showing a long green buy zone. Looking for the invalidation around this level too.
- Bollinger bands are pretty wide, but bottom band and top band are both starting to point up. = bullish continuation of volatility.
If $LINK breaks above that upper trend line from the last few weeks. I'd expect it to pump, retrace to retest one of those horizontal S/R levels, and then to continue on it's grind towards 3 figgies and beyond.
Once staking is announced, all bets are off. That will be a massive buy the rumor event. $100 would be a pit stop when that happens.
A failure to break above that upper trend line would probably see us retest the 35.20 level, and if that doesn't hold then back down to 30 which has established itself as a strong floor. If it hits 30 again? I'm giga chad high leverage longing. Full send.
Either way though? I'm LONG term hold on this. Passive income from the most important crypto in the entire space is part of my long term plans. If you know, you know.