LINKBTC Overview

LINKBTC Overview

This is a Chart Reading from #cryptoindustry. The market is not very popular, but the Law of Demand and Supply works fine everywhere.

The wide green up-bar (the third from right edge) was a test or fresh minor zone of Weakness after the second SLKB.

Studying the volume/price action on fast TF chart (right side) confirms the Supply on slow TF has activated. This Supply comes from old High (line A). So, the down-move toward center-line B (dotted line) should be a reliable expectation.

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In Chart Reading Method, they are three: The Law of Inequality, The Law of Supply & Demand, The Law of Effort & Result.

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