Following a tutorial from EmperorBTC on Bullish Divergence and noticed LINK seems to be painting a strong bullish divergence. - Price forming lower low on the close - RSI forming higher low - i.e. sellers not selling at the same momentum I will be waiting for further confirmation in the form of: - Supply absorbing candle (low) - Bullish engulfing candle...
Some notes on volume and price from December 2020 to August 2021. Major notes: - Price can rise even on falling volume. It just means the market remains in a fragile uptrend. - See price increasing from Jan - May even though volume was trending down. - End of May to start of August 2021 price remained at bottom of range (white lines) but volume started to trend...