🔅Why should we all have #Chainlink as Portfolio Diversification?
1️⃣ #Chainlink is alone in its ecosystem, and it is by far the #ORACLE and referent of the entire #Ethereum ecosystem (Layer-2 included).
2️⃣ #Chainlink is at least 3 years ahead of any other oracle system out there right now. So they do have competition but really no serious threats.
3️⃣ $LINK is therefore one of the sure winners of this next cycle, even without going "To The Moon". It remains a very low risk token, and can therefore represent up to 5% risk-free in a portfolio.
4️⃣ #LINKUSD regression trendline indicates an average price around $24 per token, which gives a potential upside of +300% from its current price at $7.78
1️⃣ #Chainlink is alone in its ecosystem, and it is by far the #ORACLE and referent of the entire #Ethereum ecosystem (Layer-2 included).
2️⃣ #Chainlink is at least 3 years ahead of any other oracle system out there right now. So they do have competition but really no serious threats.
3️⃣ $LINK is therefore one of the sure winners of this next cycle, even without going "To The Moon". It remains a very low risk token, and can therefore represent up to 5% risk-free in a portfolio.
4️⃣ #LINKUSD regression trendline indicates an average price around $24 per token, which gives a potential upside of +300% from its current price at $7.78
Forwarded from Power VIP-Signals (ABKK)
🚩Asset: #Chainlink $LINK
🚩Trade: #LINKUSD (long term)
🛠 Last time I talk about #Chainlink was to say it is a Portfolio Diversification cos is alone in its ecosystem, and it is by far the #Oracle & referent of the entire #Ethereum_Ecosystem (L-2 incl.), $LINK was at $7 & ranked #23 by market cap.
https://t.me/PowerCryptoClub/3496
🛠 Today, $LINK market price is $15.7 (+124%) and ranks #13 with almost $10B market cap. Last Oct. its breakout from the 530-day-range at the bottom recovered +215% and is now at -237% to its ATH.
➡️ Buy Entry: $12-17
💰 Take-Profit Targets:
1️⃣ $20 (below $21 strong resistance / to pay your S/L)
2️⃣ $36 (below 61.8%)
❇️ ATH @ $52.88
3️⃣ $54-58 (possible retest on old ATH)
4️⃣ $86 (below Fib Ext. 61.8%)
⛔️ Stop-Loss to be placed under the last lowest.
+170% from my signal on 4/01/23
____________
TA from 21-Jan created on TradingView by @PowerCryptoClub
🚩Trade: #LINKUSD (long term)
🛠 Last time I talk about #Chainlink was to say it is a Portfolio Diversification cos is alone in its ecosystem, and it is by far the #Oracle & referent of the entire #Ethereum_Ecosystem (L-2 incl.), $LINK was at $7 & ranked #23 by market cap.
https://t.me/PowerCryptoClub/3496
🛠 Today, $LINK market price is $15.7 (+124%) and ranks #13 with almost $10B market cap. Last Oct. its breakout from the 530-day-range at the bottom recovered +215% and is now at -237% to its ATH.
➡️ Buy Entry: $12-17
💰 Take-Profit Targets:
1️⃣ $20 (below $21 strong resistance / to pay your S/L)
2️⃣ $36 (below 61.8%)
❇️ ATH @ $52.88
3️⃣ $54-58 (possible retest on old ATH)
4️⃣ $86 (below Fib Ext. 61.8%)
⛔️ Stop-Loss to be placed under the last lowest.
+170% from my signal on 4/01/23
____________
TA from 21-Jan created on TradingView by @PowerCryptoClub