ChainLink / TetherUS
Long

Time to be bullish again for LINK

448
As I have previously posted my idea on LINK, it hit my target price of $29 before reversing to the support level at $24 dollars.

I have all the reasons to believe that LINK has awaken from its slumber to have a run again. The short term reversal seems to form a cup and handle pattern. I think it will break the 29 resistant level and the weekly chart shows signs of bullishness - MACD crossing and RSI improving.
My targets will be at $37 and $44. But My long term projection will be at $80.

It all depends on BTC performance if it will break the 50k resistance. Always keep an eye on the king

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.