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Ski_Bum
Jan 31, 2021 9:09 PM

LINK POSSIBLY REPEATING VERY BULLISH PATTERN Long

Chainlink / United States DollarCoinbase

Description

I have used the ghost candle tool on the WEEKLY timeframe to show the similarity between these two Time Periods (A and B).

You can see that the moves have been similar, and that a similar move, if it repeats, still has another week or two to play out fully, and could bring us to the $70 region, IF the same momentum is there.

Please do your own research--this is not advice to buy.

Comment

Ghost candles are created from the candle pattern under Time Period A
Comments
swaptoshi
$30-$40 this week
Darenno1
Hell yea let's go! Let's make it at 4 digits EOY if Link is going to grow bigger and better in development like it does.
TheSignalyst
Nothing can stop this beast
Ski_Bum
@TheSignalyst, I also saw a statistic that the majority of buyers are retail investors, which, if true, means it's less likely to dump hard....... it's a great performer for the long term.
Ski_Bum
I'm thinking, if we are to see $70, it will be by mid-February. Very bullish, but possible based on the previous trend.
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