Get started
PermaBulltard

Chainlink is at Psychological Level

Long
ChainLink (BINANCE:LINKUSD)  
PermaBulltard Updated   
BINANCE:LINKUSD   ChainLink
Wedge Moving Averages LINK chainlink LINKUSD LINKUSDT chainlinklong linklong
10
3
wedgepattern movingaverage link chainlink linkusd linkusdt chainlinklong linklong
The bears succesfully pushed their paws downwards. The price is now sitting at $1.50 which seperates the bears and the bulls territory. $1.50 was proven to be a strong resistance and it is being tested as a support right now.

To go below this price is highly unlikely. The price is moving through a falling wedge and we are at the apex. Moreover, we can see 200 MA daily is holding the price.
Comment:
snapshot

The C correction wave is at wave 4. I believe this is the end of the correction and another impulse wave is due.
Comment:
snapshot

Falling wedge breaks.
Comment:
snapshot

LINK is in a parabolic move.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.