Fibonacci says Chain L i n k coin should have no problem double in the next 2 months from $1.75 where it was the other day. $3.40 is the top of the green fibonacci zone where I find there is little resistance getting to, though each zone provides some choppiness regardless. Some selling opportunities for traders but I see this one being a great way to score some strong gains even with a nice hold.
If owned, for traders I can see these moves potentially working, though you always risk losing opportunity, it isn't usually easy to lose money if you're always taking gains.....
KEEP IN MIND THESE TRADES REQUIRE DILIGENCE AND MONITORING AS WELL AS USAGE OF LIMIT ORDERS AND PRECISION. TRADE AT YOUR OWN RISK. SELLING AND BUYING IN AN ATTEMPT TO TRADE AT RANDOM INTERVALS MAY RESULT IN SLIPPAGE AND LOSS OF SHARE AMOUNTS.
OPPORTUNITY 1 Sell 2.10 Buy 2.00 - 2.05 or 2.09 depending on sell peak.
OPPORTUNITY 2 Sell 2.15 Buy 2.07-2.11
Opportunity 3 Sell 2.20
Opportunity 4 Buy 2.15 Sell 2.20
Opportunity 5 Buy 2.18 Sell 2.30
Opportunity 6 Buy 2.25 Sell 2.40
Opportunity 6 Buy 2.35 Sell 2.50
Opportunity 7 Buy 2.40 Sell 2.55 or Hold Buys can continue up to $3.20 where I would hold and sell ALL or most at $3.20 and wait for a correction to rebuy the precious coins. Later positions should be smaller as the longer time span will give more time for speculation to set in. See how well this coin is received before hopping back in after topping the green zone.
I expect the near-medium (summer) term high to be $3.40 cents about, so after there I'd hold off on L I N K or go into full hold mode at that point without buying anymore after it reaches $3.20. DO NOT BUY ABOVE $3.20 IMO unless it is clear all cryptos are settled and bitcoin is not at recent highs (she needs room to breathe)
THESE VALUES ARE MY OPINION, I AM NOT A FINANCIAL ADVISOR, THESE ARE FOR ENTERTAINMENT BASED ON MY VIEWS AND OPINIONS.
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