Chainlink (LINKBTC) just hit a new All-Time High (ATH) and this is great news, buy why?
Remember how we kept saying in the bear market that... Just as we can hit new lows, when the bull market comes, we can also hit new highs ...
Having LINKBTC hit a new ATH is great news for the altcoins market. ChainLink tends to move first and the fact that this pair continues to grow can signal that the other altcoin pairs will also follow.
The trading volume is really low compared to June/July 2019 yet, new highs are being hit... This tells us that other pairs can and will also do the same.
Seeing low volume won't be a bearish signal anymore... This is fully explained here (IMPORTANT): Volume Indicator, Gas Starts To Fly (100%+ Mapped)
LINKBTC can easily continue to grow... All the targets (the next resistance levels), as well as support levels, are clearly marked on this chart. These are based on Fib. numbers/proportions.
Thanks a lot for reading and for your continued support. Please remember to hit LIKE before you leave!
I OM Alan Masters!
Namaste.
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