Chainlink Has High Probability Setup – How High Can LINK Surge?

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The crypto market looks great today, with the most important coins trading in the green.

The crypto adoption is also going great these days.

Bitcoin adoption is one of the most important goals that the crypto space set. There are various moves that support this, and the latest one seems to come from Twitter.

It’s been just revealed that Twitter is making waves in the crypto community after teasing a plan to integrate Bitcoin.

It’s been just revealed that an important crypto strategist and trader is eyeing breakouts for three lagging altcoins while waiting for Chainlink (LINK) to go straight to the moon.

Litecoin, Bitcoin Cash, and EOS predictions

The analyst is known in the industry as Inmortal said that Litecoin (LTC) has broken out of consolidation and will be able to surge at around $260.

“Perfect timing. Now teleport this to $260.”

The analyst is also addressing Bitcoin fork Bitcoin Cash (BCH) and smart contract platform EOS. He said that these are likely to follow Litecoin’s bullish ascent.

“BCH/USD. Time to play the laggards. LTC is leading the way (old coins). I think BCH and EOS could follow.”

Chainlink (LINK) price prediction

At the moment of writing this article, LINK is trading in the green, and the coin is priced at $34.51.

It seems that the trader is waiting for Chainlink to breach its immediate resistance against Bitcoin (LINK/BTC) at 0.00065 BTC.

“One of my favorite ALT/BTC charts. The plan is simple, Wait for a clear break above KEY level + 200MA (moving average) to confirm that deviation, then buy/long on a retest, targeting those equal highs at 0.001 BTC ($50). High probability 3R setup.”

Stay tuned for more news, and make sure to keep your eyes peeled on the crypto market. Bitcoin is trading just below $52k, and ETH is also looking great, just under $4k.

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An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.