theponzimaster

LINKBTC - Old chart I drew weeks ago - where are we now?

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
This is an old LINK chart that I drew weeks ago:

* Targeting the purple line as a decision point for the current trend

* Price has largely followed the direction I anticipated so far, still targeting this level

* Once it reaches this level I'd be looking at getting in with a tight stop.

LINK is not to be underestimated. When the normies enter the market this has word of mouth, rabid community (that idiot crypto friend in the office), tenure and also a bit of DeFi gold dust. And, you can buy it fairly easily.

An obvious DeFi 'major' to build a position in for 2021. DCA in to get a decent average buy price.

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