Monday 14 December 2020

Chainlink: Timing entries into the market

I prefer to see two risk metric align before starting my own re-accumulation of LINK, and we recently hit that level a couple days ago, and unfortunately immediately bounced out of it. Not only do I like to see the LINK/BTC risk below 0.65, but I also want to see LINK/USD risk below 0.500. The risk on LINK/USD recently dipped below 0.500 for the 3rd time over the last few months! In this video we dive back into Chainlink and discuss its valuation against BTC, ETH, and USD. TA Video by Benjamin Cowen.