Hey guys!
Chainlink has suffered from a severe correction like most of the coins. I think it due for a little bounce in the coming days.
Also, as you can see, it has approached it's 3 year uptrend line. We may get a downwards move to that line and then it may fly.
Of course, nothing is guaranteed, trade safe. I think we are bullish.
This setup just showing the Link trend.
Chainlink’s price has been on a strong uptrend lately. I'm expecting to reach $47 by end f the Feb 2021.
Good luck and always use SL!
*** THIS IS NOT A FINANCIAL ADVICE *** DYOR!
Hi All,
note: This is a continuation post so I'm keeping this short as previous posts explains my approach for LINK. Reference links are below.
OBSERVATION:
> We have 3 more days for the weekly candle to close and so far, its broken the previous resistance level on the weekly;
> BTC dominance has hit resistance and will likely go sideways for the next few days...
Hi All,
Link still shows strong support with form even after a drastic day where global markets have been hammered with losses.
For now, I'm still positive with LINK but I'm not so positive with the global markets and how much more will they impact crypto.
Keep an eye on SP 500 index and other major markets.
Regards,
S.Sari.
My thoughts on SP and BTC
