Huffy84

LinkBTC Thoughts - Long

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
Just the thoughts of an eternal optimist trying to learn...

To me, looking at the daily chart it looks like we have a bullish divergence. With Bitcoin on the rampage I wouldn't be surprised if we did drop a little bit more from here before rising again.
I've seen many charts with people expecting 30, 40, 70 dollars by EOY. If we can reach previous ATH before EOY with Bitcoin at current level (17k ish) we'd be looking at approximately $28 dollars per Link.

Zoomed out, I'm also wondering if this could be impulse wave 3 on an upward trend?

Anyway, I'm interested to hear other peoples thoughts. Any critique/advice is also welcome as I am interested in learning more.

Thanks frens
Disclaimer

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.