We are approaching a breakout.
Maybe this week’s close is the trigger that all the bulls (and altcoins) have been waiting for.
Generally speaking, I don’t like trading Chainlink. Although if we see a weekly close just above 14.2, above the 20 MA, I think it could be a good investment entry.
I think Chainlink will be one of the utility coins that completely explodes before retail has time to react. A good weekly close is something that smart money probably would appreciate. If you think long-term, I think Chainlink is in a good position with good upside without any immediate big risk.
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