I just wanted to point out how ridiculously on point the pitchfork is on the 4hr for $LINK. With a lot of volatility in the market due to the end of month $BTC options expiring, extremely high gas fees and the subsequent chainlink team sales of $LINK in order to pay for the network costs, we saw a pretty violent correction! However! If you're in a spot position like me, and not leverage trading $LINK like a doofus :) You're completely fine as we saw just as violent a recovery!
I am so impressed by the pitchfork's ability to capture those wicks. If you had placed buy orders at those levels? You'd have caught them to the penny, and that's just awesome to see. For me, the fact that we're back over $30 dollars, and that the buyers stepped in so aggressively below that? Is nothing but bullish for this project. I WISH it would stay this low for longer? But I doubt that we'll be able to buy $LINK this cheap for long.
TL:DR, With a bunch of market scenarios stacked against $LINK, it's incredibly bullish that PA recovered to its current levels so quickly. I'd expect #Chainlink to continue its march towards 3 figures in the next few months. The pitchfork has been really awesome at capturing that trend. I am SPOT trade only on this at the moment. I personally am holding my $LINK for a long long time.
I am so impressed by the pitchfork's ability to capture those wicks. If you had placed buy orders at those levels? You'd have caught them to the penny, and that's just awesome to see. For me, the fact that we're back over $30 dollars, and that the buyers stepped in so aggressively below that? Is nothing but bullish for this project. I WISH it would stay this low for longer? But I doubt that we'll be able to buy $LINK this cheap for long.
TL:DR, With a bunch of market scenarios stacked against $LINK, it's incredibly bullish that PA recovered to its current levels so quickly. I'd expect #Chainlink to continue its march towards 3 figures in the next few months. The pitchfork has been really awesome at capturing that trend. I am SPOT trade only on this at the moment. I personally am holding my $LINK for a long long time.
