Long LINK/USD to $30 then $40

16 בינו׳ 2021

LINK has just completed a clean breakout and close above ATH resistance on strong volume after a beautiful multi-month consolidation. This consolidation base appears in the context of a strong, multi-year uptrend and should provide LINK legs for a trending move to the 1st fib target at $30 and ultimately the 2.618 around $40. A little late to the update on this one, I'm in on a position trade from $15 but looking for at minimum a double and likely a triple over the next several weeks/months. May take some time to consolidate and fake-out above/below the breakout area, but once it gets moving above $20, LINK is headed much higher during this bull run.

Long BTC, Long ETH and Long DeFi is the motto for 2021. Happy trading!