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LINK in continuation / consolidation triangle, breakout to $25
ChainLink
Long
LINK in continuation / consolidation triangle, breakout to $25
By PsychonauticalTrader
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Sep 1, 2020
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Sep 1, 2020
I don't think we need to overcomplicate things.
Fundamentals
* Defi frenzy seems to be escalating day by day
* BTC going sideways, likely will continue to be boring for the next month or so
Technicals
* Chainlink in consolidation after a rise - so this is more likely bullish continuation
* Volume dropping
Good time to accumulate. LINK could easily be at 80-120 USD by the end of the year. I don't think any of you have missed the boat.
Chart Patterns
Technical Indicators
Trend Analysis
PsychonauticalTrader
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