LINK Chainlink: Patterns In Motion

Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Chainlink ( LINKUSD ), a cryptocurrency.

The chart is self-explanatory. This is a short-term chart with two bullish patterns ( Descending Channel and Double Bottom Pattern) showing potential for upside. Though bullish , volume has dropped and Chainlink may be dependent on where Bitcoin and Ethereum are headed as those two cryptos are largest in the space.

Additionally Shown: Ichimoku Clouds , RSI ( Relative Strength Index ), Stochastic RSI ( Stoch RSI ), Fibonacci Retracement , Support and Resistance Trendline, and Volume .

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk

Comment: we are climbing up slowly.

Comment: beautiful prediction!