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$LINK 1D bullish expectations 150k-240k satsConservatively, all time horizontal channel in blue provides optimistic floors for link going into 2021 and beyond, with a current trend in range of the pink trend, creating a possible C&H scenario with 150k - 244k sat value in reach. Expect a maintenance of bullish range if we brake above/bounce off green line in coming weeks. Reasons to be bullish (besides the out-standing all time performance of Link against USD, which has consistently printed higher lows for long-hodlr's over the past four years) . ◘ Chainlink Whitepaper 2.0 has released ◘ Close relationship with Arbitrum/Offchain Labs , on forefront of delivering L2 scaling solutions for $eth gas inflation ◘ Close relationships with leaders in DeFi, Bancor, Aave, Yearn, Sushi, Synthetix ◘ Chainlink Hackathon winners have been announced, some of which will likely go on to be major DeFi players (some names from previous bullet came out of chainlink/smartcon summit incubators as well). ◘ Continued close relationship with World Economic Forum visions for the future of Decentralized technology ◘ Sergey has been glowing recently in public interviews, having stated he is attracted to this technology for the "Lack of bullshit", in reference to recent embarrassment of Legacy systems locking user funds in the WSB/GME pump spectacle, as well as suggesting that we should expect DeFi to "add a zero" as it grows towards a 500b total marketcap ◘ Chainlink remains the de-facto, premiere oracle solution in the space, with over 500+ integrations, 10's of billions in user funds secured in #DeFi protocols powered by Chainlink ◘ Staking will create a virtuous cycle for the entire chainlink ecosystem, compelling the price of Link to steadily, continually rise into the long-term future as it secures more value, which creates more security, allowing for higher and higher value smart contracts to be secured up to as high as they would need to be for supplying an industry standard, world class oracle solution capable of securing the highest value contracts in the age of data.
Long
by LinkHermit
1
Follow Up on last Link IDEA Last seats can be taken Trading plan stays the same Financial Disclaimer High Risk Investment Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of offering will not guarantee a return on your investment. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. HUB CRYPTO will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed on this site are owned by the respective writer and should never be considered as advice in any form. HUB CRYPTO makes no representation or warranties as to the accuracy and or timelines of the information contained herein. A qualified professional should be consulted before making any financial decisions.
Long
by HUB-CRYPTO