Lot of reasons to like chainlink right now

25 Mar 2021

LINKEUR

OK marines, In my view there's a lot of factors lining up for Link to start its next leg. Now BTC please play nice!

• Approaching middle of pitch fork which has acted as S/R in the past
• Approaching prior highs which are also marked by the 1.0 fib extension which dates back to the highs of Feb 20 around $4.50
• Similar RSI to where we launched from at end of December

I wouldn't mind if price came further down to the $20-22 area and filled out the wick from that crash low, but I think its a good time to start layering in on a swing trade long.