Chainlink / U.s. Dollar X Right prices for final week of April, 2024.
Note: Using Kraken Chart based on USD not USDT!
Since Chainlink failed a support confirmation over March period as well as support confirmation was not fully confirmed over the 1st week of April, therefore, we will only calculate the X Right Price between the 8th of April & 7th April! and breakdown the lower data of week 3 and engineer them together for the next support price!
Lets find a new support over March period first!
$17.06914
$16.08441
$16.54237
$17.69319
$17.77627
Mid Retest require.
Then:
New support over 9th April = $18.14988
$18.21209
$18.41463
$18.45773
$18.63953
$18.7980
Distribution price for Week 4 = $18.71722, Follow by $18.99085. At this price it will create a bearish move as will fail to support the whole 1st week of April. Expecting a decline!
However, once a mid retest is done it will arrive at $19.45093, support confirmed over March period.
Market will take a short break from here!
Note: Using Kraken Chart based on USD not USDT!
Since Chainlink failed a support confirmation over March period as well as support confirmation was not fully confirmed over the 1st week of April, therefore, we will only calculate the X Right Price between the 8th of April & 7th April! and breakdown the lower data of week 3 and engineer them together for the next support price!
Lets find a new support over March period first!
$17.06914
$16.08441
$16.54237
$17.69319
$17.77627
Mid Retest require.
Then:
New support over 9th April = $18.14988
$18.21209
$18.41463
$18.45773
$18.63953
$18.7980
Distribution price for Week 4 = $18.71722, Follow by $18.99085. At this price it will create a bearish move as will fail to support the whole 1st week of April. Expecting a decline!
However, once a mid retest is done it will arrive at $19.45093, support confirmed over March period.
Market will take a short break from here!