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eraj69
Apr 1, 2021 8:41 PM

LINK $47 Price Target EOM Long

Chainlink / United States DollarCoinbase

Description

This channel will be important later - we are towards the bottom of the channel right now and in a few weeks an entry below $27.5 will be godly. LFG.
Comments
justindchaney
It all depends on when the suppression at $30 will stop. Once that's lifted, I can see link going to triple digits in a matter of days
Darenno1
@justindchaney, same, if it creates strong base it may truly shot towards 100-250$ in a few weeks from here.
zachdub
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
@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
@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
@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
Are you saying that it’s peaked right now and it’s going to go back down within the next four hours?
UnknownUnicorn5133055
@zachdub, nobody knows that....
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