Chainlink seems to be bottomed out recently with a solid reversal. A strong Bullish Candle on weekly chart indicates downside is very limited on chainlink against Bitcoin. Chainlink has made new all time high against USDT which is also a good sign in long term. It may re-test 19.50 USDT level before initiating it’s move towards 30 USDT.

SIGNAL:

Buy at 0.00057 btc.

take profit 0.0015 btc.

stop loss 0.00030 btc.

 

Chainlink is ready to Go for NEW ATH.

Chainlink finds support on Bullish Trendline which was started in April, 2019. RSI in day chart is overbought which indicates Chainlink is ready to go to the north against it’s counterpart i.e. Bitcoin.

Signal:

Buy at current price 0.00045 BTC with stoploss at 0.00023 (50% risk) and profit taking should be around 0.0016 BTC (300 % Reward). This signal is for LONG TERM traders.

Disclaimer: Not a legal or financial advice. Please invest your money with due diligence and at your own risk.