Here is what im looking at for Link. We are about to retest a major resistance at $2.53. if we blow past it, $link aiming for the .618 at around ~3.03
If Elliot Wave Theory plays out the way it should LINK could have one more leg up. Currently sitting at previous resistance and 0.618 Fib level which is positive BUT we are getting bearish divergence meaning this crazy run could be running out of steam. MacD has also printed a bearish cross with plenty of room to run to the downside. Only time will tell.
Ok now we are going into the next half of the year and link is ALL THE WAY UP! We no thoughts in our mind that this is just some pump and dump. OHH NOOOOO Google won't let that happen and not to mention that link actually solves a real problem. Aside from making smart contracts smarter the oracle network provides a much faster and secure network. Link is without a...
LINK / USD TA Chainlink has been outperforming major alts this year with its rise to nearly $5 from $0.42 earlier this year. Should you enter now or wait? Entry on parabolic move always has its risks and is definitely cannot be considered to be safe. Nevertheless if you're someone who is able to hold it for several month, risk is lowered and you can...
Link has partnered with Google Inc on some really amazing and innovative technology that is really set to pave the way into future of blockchain and crypto tech. I am looking for Link to be an overall stable investment for our portfolio.
Pattern: Channel Up on 1W. Signal: Bullish as the price made a strong hold on the former Channel Up (bold lines). Target: 3.40000 (meet with the ATH trend line (dashed)).
assumptions : smartcontract mainnet launch and market-wide implementation/adoption by end of Q3/mid Q4 smartcontracts as industrial standard (I S O 20022) enterprise nodes, private nodes, and pool nodes are massively launched API to blockchain symbiosis general bull market ETH (and dapps) skyrocket, again BTC experiencing relatively stable growth, no...
As you can see the symmetrical triangle formation on the daily; ChainLink can be expected to break out in the coming days. MACD has flipped which has signaled an end to the selling pressure. Bears were unable to break through support of the triangle which signals a possible breakup rather than a breakdown. Resistance at the orange line which is the moving average...
I believe this could be the beginning of a major price change. As you see the price has finally broken out of the 3 month falling wedge trend and could be leading to the bullish uptrend that we've been looking for. I think we could be seeing a rise back to 60 cents possibly even 1 dollar USD. we will see over the coming days if we see the uptrend beginning or...