IMO, its time to begin accumulating LINK
LINK/BTC - Daily
Somewhat self explanatory. We have a multi year long trend line on the LINK/BTC pair. We have started bouncing off of this pair again.
Reasons to long
-trend is your friend, until it ends
-BTC, finally showing signs of slowing?
-Strong project fundamentally and IMO has become the standard decentralized oracle provider for top DeFi projects
Reasons to be wary
-BTC has not confirmed a reverse in trend - we could see 20k or slightly higher before a pullback (if a pull back even happens... lots of institutional interest)
-Trend does not HAVE to hold
Would love to hear your thoughts!
RIP King 5.28.2016
Somewhat self explanatory. We have a multi year long trend line on the LINK/BTC pair. We have started bouncing off of this pair again.
Reasons to long
-trend is your friend, until it ends
-BTC, finally showing signs of slowing?
-Strong project fundamentally and IMO has become the standard decentralized oracle provider for top DeFi projects
Reasons to be wary
-BTC has not confirmed a reverse in trend - we could see 20k or slightly higher before a pullback (if a pull back even happens... lots of institutional interest)
-Trend does not HAVE to hold
Would love to hear your thoughts!
RIP King 5.28.2016
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.