Not earlier than summer, maybe autumn 2024 i am expecting 1/1 After four years at 2028 it may pass in a 5 times
Make or break time for LINK/ETH. 3 things need to happen to turn giga bullish LINK/ETH (within the next few months) NW needs to flip green on 3d. EMA cross needs to cross on 2d. Needs to bounce off the bottom of the blue channel and break upwards out of purple channel. If none of that happens then the fudders that flap thier crow wings are correct.
As the title claims: $LINK 10x against $ETH by 2024. It's time for the lil' prince to become a king.
Check the 200sma consistency over the years - Truly amazing!!
Dec 2022 Link/ETH technical indicators 3X. Count 9 from W1 TD indicator Very low with RSI indicator 14 and Stoch indicator 14
LINK at a very nice long term spot here. 2 year bear market in LINK/ETH at support, consolidating above the 4H 10MA. See my other related post detailing my analysis on the short term.
MA: LINK has made 2 consecutive closes above the 4H 10MA S/R It nearly hit all time lows support level (line A) Trend: It is to the right of the major green trend line (definitely significantly bullish) It is above the minor orange trend line (which might be an invalid shorter term line) Candlesticks: (4H): V shape with high close followed by very low range...
Self explainatory Clear invalidation buy zone Long term trend
As other base layer networks like Avalanche and Polygon enter the space, I believe the money may start flowing into more application specific networks like LINK. The new leadership changes and partnerships being created are fundamentally bullish for LINK. From a technical perspective I want to look at valuation against ETH/USD/BTC. All of which at current are...
I strongly believe that this decade LINK will flip ETH not only in marketcap but in value per token. Link is simply the more profound and important network. It takes hundreds of hours of research to get to where I am right now. I am simply posting this for my own ego, it will be nice to come back to this post years from now and think to myself 'I was right'.
Weekly chart of LINK/USD ----------------------------------------------------------
LINK/ETH has reached bottom, pair looks exhausted in despair stage, after massive -84% bleed from TOP. Trend is currently neutral it's been hitting around link/eth 73k-78k last 90days straight Breakout should happen in coming weeks.
a counter trend trade idea on LINK / ETH banking on LINK to pull it's weight in the next coming days and ETH to consolidate for a bit or pull back.
LINKETH is starting to show a stall in bearish momentum. Bears stopped selling their ETH for LINK--at least for now. If this is true, based on the Fibonacci Retracement/Extension, we could be looking at a possible 2x gain against ETH for LINK! Some would argue that a valuation of LINK at under 20B USD is criminally undervalued. What do you think?
IF the FOMO Wave on Chainlink start, appear as "reasonable" to have a Link outperforming ETH. And the chart speak itself. Over weighting Link now with a leverage via the 3x LINKBULL (on FTX)
With reference to previous post regarding seasonal money rotation around ETH. Link price relative to ETH at 2019 s/r level. Was waiting for a deviation and reclaim of support to take out any stops but it may not come. Can just long the ticker or “short ethusd/long linkusd” to play the ratio manually. If played manually the hedge can be adjusted from the 50/50...
LINK/ETH getting squeezed between the falling wedge and support. Will price action catch up with fundamentals? Something has to give.
I would keep an eye to this one... Link is going to outperform ethereum sooner or later just because, it is not moving for so long...