ChainLink / TetherUS
Long

Chainlink: several bullish patterns

237
Hi Traders,

Start by pressing like.

We are looking at the 1 hour chart of LINK/USDT.

13$ served as a good support level.

Chainlink's largest event of the year is scheduled to run from august 5th to august 7th.

Good news could push the price to $25, $28 and $30 range.

On the other side, the (potential) good news could already be priced in.

MAC-D indicator: waiting for a trigger which will likely happen. It could be a good gamble to buy chainlink.

Also, the price range around $50 is still "fresh" in the minds of the masses. A breakout of BTC en ETH could trigger chainlink (retail) investors pushing the price back to the $50 range. However, let's be aware of recency bias.

Leave a comment en press the like button if you haven't done already.

Have a good one.




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