Chainlink has been on a downward move for too long. It has now started to make higher highs and I expect it to reach $2-$2.50 by the beginning of January 2021, as long as we don't get another liquidation dump. I am seeing an inverted Head and shoulder patter starting to forming with can bring up to a previous all time high or a new all time high over $3-$4 dollars. Just my opinion and nothing more. Good luck and Happy Trading.
Note
Obvious typo in trade Idea** Chainlink should've been Cardano**
Note
Thanks Riskit101 for stepping in as my Chief Editor for spotting yet another typo in my trade Idea **January 2021 should be January 2022** sorry for insinuating its possible to time travel. Happy New Year Everyone!Trade active
Things looking the same, no change in projection, one more small dip to the previous low for confirmation. Then we should start moving up with larger movements of higher highs. Just my opinion and consistency in the trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.