diegofnu

Not ready to buy Chainlink

diegofnu Updated   
BINANCE:LINKETH   ChainLink / Ethereum
Ive started to grow interested in this coin primarily becaus the LINKUSD chart looks really healthy and diferent from all the other crypto related assets. But I have to take into account my current ETH long term position and it doesnt look as atractive from here since the current uptrend its awkwardly broadening without printing a clear bull flag and its already close to the top of the chanel, not mentioning the RSI being long due oversold. I might be missing only the last pump but I'd rather buy this coin if it comes back down to the bottom of the channel. Im late to the party.

On the good note. If LINKUSD is going to pump, and LINKETH looks not as good, that might be a very, very, very, lose, small signal that ETH is going to outperform LINK and Crypto market might be bottoming.

The above opinion constitutes exclusive financial advice for myself. Do your own research.
Comment:
When i talked about the RSI I was thinking about the weekly chart. It looks divergent.
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