Linkusd played out very nice for me in my other posts. I think we need to cool off here and I will be a buyer on the next dip. Right now I am short from $18.10 and I look to buy somewhere between $10-$12. See red lines for the support areas. Very minimal support on way down. We can fall hard and fast!
Chainlink (LINKUSD) - it has completed 3rd wave finally and now starts correcting down, so possible retracement zone will be 14.40 or lower. Means next buy level will be coming below that zone, until then stay bearish, the current drop was abc means (A) or (W) cycle, so stay short on bounce for target below 14.40 or lower. But make sure it drops.
Here it has very...
Chainlink is still looking for further upside. Right now it is trying to confirm some support but is not really having trouble but is taking its time. Look for 16.50-17 to confirm that top resistance as temporary support. Yes we will retrace eventually but we could hit 100 dollars before pulling back to 50 dollars. I wish i was joking but im not. Go back and look...
This is based on Fibs and a fractal. Minus the fractal, I used this same method to predict yesterday's impulse to $17.40-ish to near perfection. The timing may be off, but if we leg up again, and I believe we will, the blue region (approx. $22.12 to $23.13) is the final TP for the next impulse before a retrace to the 0.618 or so. I'm also assuming the start point...
It's looking bearish and bumpy but 14.00 looks promising for a target
Once confirmation is set, and the indicators agreeing with this bias, the SL Area shown there will be for the stop loss ok.
Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
Hello everybody, this chart is just putting exactly the movements ETH made from February 2017 to January 2018 on the link chart.
This chart is just a thought experiment, in my opinion Chainlink has the capability to outshine even ETH gains.
What do you think? Do you think Chainlink will have ETH tier gains or am I just a deluded moon boy?
Chainlink (LINKUSD) has completed internal 3rd of 5th of 3rd wave and correcting in 4th wave, which probably ends below or near 16 level. So stay long near that level for target above 18 or higher as 5th of 3rd wave.