Technical analysis by zymmetric about Symbol LINK: Buy recommendation (11/6/2023)

Chainlink Hopium - Don't sell too early Looking at the 3 EMAs: 20/50/100 Previous weekly EMA Cross 20/50 ignited the first Chainlink Run to 50 USD. Considering the strong fundamentals and real-world applications of Chainlink, we can be convinced to see similar growth in the future. Read For the Bars Pattern I simply took the last run from the cross-over and added to the recent crossover. Target 500USD, a reasonable 10x from last ATH and fitting to unit bias of most buyers. Other outlets and Chainlink advocates have the long running meme of 1000USD, and I can't blame them. We are still early for cryptocurrencies. In all regards. Most people look at it from a speculative standpoint, but soon we will cross the chasm to see this technology become as big as teh internet itself.