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Crypto of the Day - LINK/USDT

BINANCE:LINKUSDT   ChainLink / TetherUS
Good morning Asia! I hope you have a deserved rest over the weekend and are bright and alert for a fresh new week.

While I await a positive sign/change from ALGO/USDT, I would like to share with you my crypto of the day - LINK/USDT.

It is showing signs of the start of a new uptrend. Retracing from the low of the previous uptrend in April this year (where the retracement has hit the .618 fibb and continued upwards slightly the last couple of weeks), it has the potential for big gains over the next few weeks, all things staying positive.

The 1D Heikin-Ashi candlestick has stayed green and bullish for the second day running.

RSI and MacD and on the way up and have yet to peak, indicating the potential start of an upturn.

Other technical analysis has also indicated the possible start of a long-term uptrend, and definitely an uptrend over the shorter-term as well.

Long-term forecast (next few weeks) - expect to hit 3.5-4.5 or higher.
Short-term forecast (next day or so) - 2.6 to 2.7 mark depending on how far it retraces back today.

This is an excellent crypto to get into today at the low of the pullback on a 4 hr chart.


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