SXTrading

CHAINLINK (LINK/USDT) SNATCH A 40% GAIN!

Long
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BINANCE:LINKUSDT   ChainLink / TetherUS
Hello fellow traders!

One currency I have been keeping an eye on is Chainlink (LINK).
A coin with powerful potential that is revolutionising the way contracts are fulfilled via a digital agreement called a 'Smart Contract'. I see this being heavily adopted by insurance companies which may automate their lengthy and costly processes, banks and anything that requires fulfilment of a contract. This will now be done faster, more efficient, without mistake and completely self-managed. It will also be able to provide smart-contracts for any blockchain cryptocurrency, working with the big players like Ethereum and Bitcoin.

Anyway, we had a great run with Chainlink followed by a retracement to the 61.8% fib level. This level was also the previous ATH. It is currently also in a pennant formation in a downwards channel. We may see a rally in the coming days. WIth Bitcoin currently rallying, the crypto market cycle means that once Bitcoin's rally is over, it's time to invest in Chainlink.

Love, peace, Seb.
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