It all depends on when the suppression at $30 will stop. Once that's lifted, I can see link going to triple digits in a matter of days
Darenno1
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@justindchaney, same, if it creates strong base it may truly shot towards 100-250$ in a few weeks from here.
zachdub
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Thank you for the chart, liked and subscribed. If it’s hit its top right now I’d like to make a little profit and then buy back in, but your chart shows it’s not going to go below $29 it looks like
eraj69
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@zachdub, Thank you! it will be important to pay attention to the green channel - Be wary of liquidation hunts which could wick us to the bottom of the channel. Not saying it will absolutely happen but might not be a bad idea to have bids near the bottom of the channel. I am very bullish on link for the month of April. After we hit $35 a retest of ~$32 is possible and that could be a good time to take profit.
B_Musk
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@eraj69, Be prepared for continued consolidation until mid to late April - history tells us this is highly probable. End of April through June should be exciting though
zachdub
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@eraj69 Do you see us dropping towards the 29 $28 range as where it’s at now, or do you expected to continue to go up? Seems like the upward channel was broken
zachdub
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Are you saying that it’s peaked right now and it’s going to go back down within the next four hours?