Here we have a WEEKLY Fib-Retracement chart... Bitcoin's recent run up could spark a LINK rally in the short term. If that is the case and Bitcoin can hold these high levels for a while, LINK could see a swift run up much higher to around $15.50 very soon. If Bitcoin corrects harshly and quickly, our target for LINK is the $10.75 support. If LINK starts closing daily candles below $10.75, we are in for a bigger drop and I see $8.50 being the absolute lowest we go over the next few weeks/months. If this happens, it could be the chance of a lifetime to buy more LINK.
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Patreon: patreon.com/5DayCrypto
YouTube: youtube.com/c/5DayCrypto
Twitter: twitter.com/5DayCrypto1
Disclaimer
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.