WEDGE BREAKOUT ON LINKWE HAS OFFICIALLY WICKED ABOVE THE WEDGE WE HAVE BEEN IN ON LINK FOR THE PAST YEAR!
This is perhaps the long awaited break out for LINK
Key stats
About Chainlink
Based on the Ethereum network, Chainlink acts as an intermediary between non-blockchain businesses and blockchain platforms, which allows smart contracts to connect with real-world external data. Its LINK token is how network operators are paid and is also used as collateral in the network’s smart contracts. It’s also an open-source project, which means that anyone can contribute and suggest improvements to the network.
Cryptographic Truth (Chainlink)I know the chart looks ridiculous; it's hard to visualize such crazy vertical moves, but we have to follow history, and so far, we are still mirroring the last link bear market.
When you go back and spend time analysing Chainlink movement, you can you see that all of the big moves happen within a
Compared view looks bullish for Algorand Money flow change Looks like support is breaking and moving to ALGO. Looks like
a strong recovery merge sometime close to the bitcoin halving.
Money flow is restructuring and asset managers are rethinking their
postitions. Support was strong for the year for link and solana but looks like
diversification take profit
Link Intraday 4H, Elliott wave countAfter completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement.
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Future updates will be posted as updates to this count.
Daily intrad
Chainlink $LINK test highs?More and more bullish news and adoption of Chainlink. Chart looks primed for an expansion to range highs and 2020 high.
Crypto has been lagging tech stocks. As long as those hold up, and DXY doesn't gigapump, could see some rubberband for crypto (btc to 35k) (alts to 2020 highs)
Run it upSwitching btwn the daily, 4hr, and hell, even weekly and 2hr - all indications say LINK might take a small dip here, but it's probably not too late to catch the next wave up, even if you ain't got nun yet. So run that bagel up fam
Don't Bet on #QUANT. CHAINLINK is the clear leaderThere will be sympathy pumps by #QNT
But I suggest betting on the best in breed with the visionary/genius founder (SN)
#LINK should outperform QNT by 2:1
as the inverse head and shoulders suggests
Full Breakdown of LINK | Breakout? | 1H, 1D, 1W Charts | NewsLINK Integrations, SHIB vs LINK
LINK, the Chainlink coin, has been the topic of the hour with many still under the radar wondering what the hell it is, and why is it up 16% this week while other alt coins are far behind? To put it short, Chainlink's CCIP (Cross-Chain Interoperability Protocol
Is LINK Ready For A Year-Long Breakout?LINK price action hints at a weekly channel breakout.
Channel formation has been active since last August.
Potential breakout rally could lead to a $12.75 price.
LINK price has increased by 22% in recent weeks.
Uptrend challenges the 50-week EMA.
LINK trades at $7.49 with a 7.43% growth in the last
LINK close to resistanceLINK is approaching resistance region on 1d timeframe the pennant consolidations still in play and short is valid until after breakout
DYOR
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