Hi everyone, Chainlink is a decentralized oracle that can provide external data to smart contracts. Everyone know their implication in the Ethereum DEFI, Chanlink will play a major role. LINK is ready to go up in the B wave, now supported by weekly EMA 21. My suggestion will be to exit at 2.95$ before we hit the next retracement wave. WE already made a complete 5 waves cycle. On that C retracement my 1st entering point would be 0.9852. A hard hit would be 0.5620 but i would not count to powerful retracement like this with all the demande on LINK right now, but technically it's still probable. Also the Stoch is at it's lower point on the weekly which will push LINK in the next week. Wait for a new higher high (confirmation)... Peace.
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Right on target guysDisclaimer
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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.