In November, LINK broke an uptrend that dated all the way back to April of 2019. This was mainly due to Ethereum's rapid growth. As we can see, we formed a descending channel that was below the support line from Dec 2nd and broke out of it Jan 14th. We have also confirmed this with a higher low, if we close today above .019, a higher high. This gives me reason to believe LINK is ready to rocket back above its 200MA and back to its recent support level. Add all the bullish news around LINK, and to me, this is a no brain trade.
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