Hi Traders,
Start by pressing like.
We are looking at the 1 hour chart of LINK/USDT.
13$ served as a good support level.
Chainlink's largest event of the year is scheduled to run from august 5th to august 7th.
Good news could push the price to $25, $28 and $30 range.
On the other side, the (potential) good news could already be priced in.
MAC-D indicator: waiting for a trigger which will likely happen. It could be a good gamble to buy chainlink.
Also, the price range around $50 is still "fresh" in the minds of the masses. A breakout of BTC en ETH could trigger chainlink (retail) investors pushing the price back to the $50 range. However, let's be aware of recency bias.
Leave a comment en press the like button if you haven't done already.
Have a good one.
Start by pressing like.
We are looking at the 1 hour chart of LINK/USDT.
13$ served as a good support level.
Chainlink's largest event of the year is scheduled to run from august 5th to august 7th.
Good news could push the price to $25, $28 and $30 range.
On the other side, the (potential) good news could already be priced in.
MAC-D indicator: waiting for a trigger which will likely happen. It could be a good gamble to buy chainlink.
Also, the price range around $50 is still "fresh" in the minds of the masses. A breakout of BTC en ETH could trigger chainlink (retail) investors pushing the price back to the $50 range. However, let's be aware of recency bias.
Leave a comment en press the like button if you haven't done already.
Have a good one.