1/ I've been comparing Ethereum's Price Action before 2016 Halving & its parabolic run up in 2017 Bullrun to where $LINK is standing at the moment. Here are my findings. #Chainlink 
2/ Green & red candles on the chart represent ETH's Price Action. The overlayed black line represents $LINK. Notice how LINK has been closely following Ethereum's cycles up until now. Disregarding all the FA, purely from a PA point of view, let's draw some conclusions. #Chainlink
3/ Ethereum topped out right before 2016 Halving & went below Weekly 21 EMA for a period of 6 months before starting its parabolic run up. Heavy accumulation was happening at that time, no mass hysteria seen yet. #Chainlink
4/ If $LINK was to follow the same path, we could say it will likely top out in March or April at around $9-10, right before the Halving in May. Then we could see big retrace to $3-4 or so & heavy accumulation below Weekly 21 EMA between May & November. #Chainlink
5/ The heavy uptrend started after ETH reclaimed the 21 EMA. From January 2016, it had an amazing rally for the 6 months before consolidating in May-June 2017. If you were in this space at that time, you can remember some news outlets writing about Bitcoin mooning. #Chainlink
6/ Some normies starting getting in at that point. If this cycle was to repeat for $LINK it would be worth around $70-80 in April 2021. #Chainlink
7/ ETH then consolidated for 5 months, tapping the 21 EMA. Each tap, presented a good buying opportunity. It went parabolic after the normies truly started fomoing in. Made another 10x in the next normie driven run up & topped out in January 2017. Still hurts. #Chainlink
8/ For $LINK this would mean consolidation between April & August with a couple of good buying opportunities on Weekly 21 EMA. Then a parabolic driven run up & a top between $700-800 in October 2021. #Chainlink
9/ Conclusions? Based on the pure PA comparison buying $LINK right now at roughly $5 is similar to buying Ethereum for $9 in 2016. Based on this model LINK will top out in Autumn 2021 betwen $700-800. #Chainlink
10/ This is without counting any exciting use cases, partnerships & staking which will further reduce supply (something ETH didn't have). Note that this is in no way financial advice, just a bit of perspective that I found interesting. My linkies stay super stinky. #Chainlink
